Abstract: China was a major exporter of many commodities but was t rapped in a“low pricing power”predicament . We propose the argument of“paradox of China’s enormous market”in t his paper and use coke and rare earth as a case study to confirm the existence of t his paradox. Empirical studies have shown that China’s coke industry has begun to present t he characteristics of scale production. Coke , rare earth and other resource commodity export market s are imperfect competition markets. China had a certain degree of market power only in Bangladesh and Mexico , among 21 coke export markets. The same situation appeared in China Rare Earth , while only have limited market power in Japan and the U K among 19 export market s. Based on the current situation of China’s resources advantages and limited pricing power , the author s suggest to implement coke carbon emissions trading market , enhance development research in t he rare earth market , build an export price union of resource commodities and establish coke and rare earth "OPEC" .
Keywords : Resource Commodities , Pricing Power , Coke , Rare Earth , Market Power