Behind China's control over the U.S. high-tech industry lies his original rare earth purification and separation technology, which directly crippled U.S. rare earth companies.
America could never have imagined that one day, its long-arm jurisdiction would be used against it. Any product containing 0.1% of rare earth elements would be subject to Chinese regulation.
The reason why China has such confidence is because China holds nearly 100% of the global market in rare earth purification and separation technology. This is all thanks to Academician Xu Guangxian, who pioneered a new process for rare earth counter-current extraction, raising the purity of rare earth from 1.4N to 4N. Many people may not know that the higher the purity of medium and heavy rare earths, the better their performance, and only China can mass-produce medium and heavy rare earths with purity above 4N.
The high efficiency and high purity of Academician Xu Guangxian's original rare earth purification and separation process directly left Europe and the United States behind.
It can be said that Academician Xu Guangxian's original rare earth purification and separation process directly crippled the rare earth industry chain in Europe and the United States. The last U.S. rare earth company, Morly Corp, declared bankruptcy in 2015.
It can be said that it was Academician Xu Guangxian who made it so that even if other countries discovered rare earth deposits, they had to send them to China for purification and separation.
At that time, after Europe and the United States closed their rare earth industry chains, they bought large quantities of Chinese rare earth resources, leading to excessive mining and extremely low export prices, resulting in a situation where gold was sold at the price of radishes.
Academician Xu Guangxian saw Europe and the United States closing their own processing plants and hoarding Chinese cheap rare earths, and he was heartbroken. Academician Xu Guangxian deeply understood that rare earth resources were China's powerful "asymmetric strategic weapon."
For this reason, at the age of 85, he submitted two letters to the central government: "If we continue to sell cheaply, China will become a small country in rare earths in twenty or thirty years!" Thanks to Academician Xu Guangxian's forward-looking vision, China began to strictly manage rare earth resources and established a rare earth group to precisely control the flow of every gram of rare earth, which enabled China to play the rare earth card against the United States.
Original article: www.toutiao.com/article/1845950413398024/
Statement: The article represents the views of the author.