China has made a big allegation amidst the worldwide rare meaning elements crisis. China’s Ministry of Defense has accused foreign intelligence agencies of smuggling rare economy. This has been revealed in a report by Bloomberg. This allegation has been made at a time when China has a trade deal with America a few days ago. After this, China had agreed to reconsider the issue of making exports easier for rare meaning metals.
China says that in the last few years, foreign espionage and intelligence agencies and their agents have illegally trying to steal rare meanings and related items in connivance with the people of the country. This has posed a serious threat to China’s national security. However, this Chinese Ministry did not name any country. Rare Earth Elements are very important elements in the manufacture of electric vehicles, smartphones, wind turbines and military equipment. Rare Earth Earth Magnets are made from these rare meanings, motors are a main part to be used.
China tried to fail
The ministry further stated that it thwarted one such effort of a country, which was trying to deposit these minerals illegally. In this case, a contractor is accused that he put false labels on the packets so that the real source would hide. It was written on the packets that they are not made in China and what is inside them and wrong information about their chemical structure was given. Intelligence agencies also adopted other ways to steal rare meanings. Not only this, China appealed to the citizens to inform them immediately if they saw any suspicious activity related to rare minerals.
‘Rare Earth’ is a political weapon for China
China has imposed strict restrictions on the export of rare meaning a few days ago, which has created a crisis of rare meaning worldwide. China has the control of producing and processing more than 80 percent of the world’s rare meaning. The countries struggling with lack of rare meaning are looking for talks with China and alternative way. Here, China is using the rare meaning as a shield and wants to trade with countries around the world on its own terms. Last month, there has been a limited agreement between China and the US. China will again start the license process for rare meaning and in return the US will relax the ban on some special advanced artificial intelligence chips.