America was in rapid decline, even as its few ruling elites and their “too big to jail” client corporations accumulated ever-more-egregious amounts of wealth and political power. China understood, in fact, that it was because American elites enriched themselves without responsibility to their society that the United States was in an economic and political death spiral. China believed that capitalism should serve the interests of the state. American political elites apparently believed in crony capitalism where the state served the interests of the capitalist masters. The twenty-first century would soon decide which of the two systems was most viable.
The lights dimmed and a 4K HD digital projector lit up a massive screen on the far wall. Images of various African nations, Chinese corporations, and specific industrial enterprises — particularly oil and other natural resources — flashed on the screen as the analyst spoke. No recording devices, tablets, or even paper and pencils were allowed in the room today. Today’s meeting was top secret, and the security services feared the Western intelligence agencies and their vast cybersurveillance efforts. CNPC was a known target, particularly of the CIA. The purpose of the briefing was for policy orientation only.
“Today, there are over eight hundred Chinese corporations operating in nearly every nation on the African continent,” the analyst began. “Many of them are engaged in resource extraction to meet the growing demand of our rapidly expanding industrial and manufacturing sectors.” Icons matching African resources and Chinese industries flashed in sequence. “Every day, new resource potentials are being discovered and developed across the continent, but none so important as the recent location of new uranium and, amazingly, massive rare-earth-element deposits here in the Saharan desert, in the far reaches of Mali. In fact, Mali may have the world’s single greatest known deposit of lanthanum.”
The screen zoomed in on an image of northeastern Mali to emphasize its importance. The executives gathered around the table whispered excitedly. Lanthanum was critical for the manufacture of batteries. Hybrid cars like the Toyota Prius required more than ten kilograms of the mineral per vehicle, and more hybrids were being brought to the market every day. China itself was now the world’s largest car market, and hybrids were key to the expansion of that market. The startling new REE discovery in Mali was obviously the reason why this top secret emergency meeting had been called.
“As you are all well aware, China is the world’s largest producer of rare earth elements, giving us nearly monopolistic control over their use. This allows us to minimize their costs for ourselves but also deny their use to our biggest competitors.” From an earlier briefing, Zhou knew that the seventeen chemical elements on the periodic table known as REEs weren’t, technically, “rare” so much as widely dispersed throughout the earth’s crust — but seldom in harvestable amounts. Those elements were critical in other key new technological products like wind turbines, lasers, and cell phones. China was the country with the greatest concentration of REE deposits and was currently mining between 80 and 90 percent of all REEs today. That near monopoly provided China with a significant competitive advantage it had no intention of relinquishing. That competitive advantage was one of the reasons why Los Angeles Metro had purchased its first all-electric buses from the Chinese corporation BYD.
“Fortunately,” the analyst continued, “Mali has recently signed new contracts with the Sino-Sahara Oil Corporation, which includes provisions for all other forms of underground resource acquisition. Unfortunately, Mali, like most other African nations, might soon be tempted to reconsider the terms of the very generous contracts we have signed with them. They also have an indigenous population problem in the area.”
“You mean the Tuaregs,” Zhao said. Prior to his new appointment, Zhao had thrown himself into research into the Sahara region. The vast desert occupied significant portions of Mali, Algeria, Niger, and Libya, which also happened to be the most important resource states in the area. Nomadic Tuareg warrior clans had freely roamed the vast Sahara since the fifth century before Christ.
“The Mali government has already begun operations to nullify the Tuareg problem,” the analyst said. “They are fractured and disorganized.”
“Are you referring to the Africans or the Tuaregs?” one of the executives blurted out. The room exploded with laughter. Even the stoic chairman grinned.
“The Tuaregs have been restless for quite some time,” Zhao interrupted. “Are you confident the government in Bamako is on top of this?”
The analyst smiled. “I believe the term