Report Claims German Firms Trading Confidential Tech for Chinese Rare Materials

Report Claims German Firms Trading Confidential Tech for Chinese Rare Materials

A new Bloomberg report alleges that several German manufacturers are surrendering sensitive industrial information to Chinese partners in order to maintain access to rare earth materials critical for production.

According to the report, Chinese authorities are requesting detailed business intelligence including proprietary engineering designs, customer networks, supply chain mapping, and short term production plans before granting even temporary export permits for these key minerals.