The spymaster casually lit a cigarette with an expensive lighter. “What is in all this for you, Mr. Bolcke?”

“Your actions will increase the profitability of my mineral brokering business. And I trust you will allow me to sell a portion of the Mount Weld output to friendly trading partners at a healthy profit.” He said nothing of his intent to supply the growing black market in rare earth elements from the mine, nor the fact that he could purchase the property for two hundred million dollars less than he demanded.

Tao nodded. “We will take the matter up with the politburo as an urgent priority,” he promised.

“Thank you. In hope of arriving at a mutually beneficial outcome, I have one other item to offer. In the past, I’ve been able to pass along a few military technologies from my U.S. security firm, for which you have generously compensated me.”

“Yes,” Jintai said. “We have already fielded the crowd-control device to quell some incidents of unrest in the western provinces.”

“I have installed units aboard two of my ships, which have been modified to an impressive level of lethality. I will be happy to share these modifications if you are interested. But that technology is inconsequential compared to what I can now offer you.”

He spread two more photos on the table.

“This is an artist’s rendering of the Sea Arrow.” Bolcke pointed to the first glossy. “The Sea Arrow will be the world’s most highly advanced stealth submarine.”

Jintai gave a curious look, and Tao nodded in recognition.

“The Sea Arrow will operate at extremely high speed, using a complex propulsion unit in conjunction with a supercavitation system.” Bolcke pointed to the second image. “It will place the American Navy’s submerged fleet several generations ahead of your own.”

Jintai’s face simmered red. “We are always three steps behind.”

“Not this time,” Bolcke said with a shark-toothed grin. “Less than one hour ago, I came into possession of the initial power plant that was scheduled to be installed on the Sea Arrow next week. In addition, I now have the one and only copy of the plans and drawings for the submarine’s supercavitation system.”

He leaned over the table in a gloating pose. “The Americans can duplicate the power plant only with rare earth elements. And without the supercavitation plans, their submarine is worthless.”

The Chinese officials did their best not to appear too eager. “You are willing to share these items with us?” Tao asked with feigned indifference.

“Sources tell me the Americans have secretly spent over a billion dollars in developing the Sea Arrow. If we have a deal on the other items we discussed, I shall be happy to sell you the motor and the plans for an additional fifty million dollars.”

Tao didn’t blink. “When could you deliver it?”

“The motor and plans will arrive by ship in Panama in five days. I’ll be happy to make the transfer there.”

“It is an attractive proposal,” Tao said. “We will afford it appropriate consideration.”

“Excellent.” Bolcke collected the photos and glanced at his watch. “I’m afraid I have to catch a flight to Sydney. I’ve opened preliminary discussions for the acquisition of Mount Weld, so I will eagerly await your reply.”

“We will move as quickly as we can,” Jintai said.

The general called for an aide, and Bolcke was escorted out after everyone stood and shook hands. Jintai poured a whiskey for Tao and another for himself.

“Well, Tao, our Austrian friend makes a compelling case. Since our economy is strong, we can afford to muscle the marketplace. And why not try to make the technological leap that will assure our safety for the next century?”

“There could be potential economic repercussions that the General Secretary won’t relish,” Tao said, “but I agree that it is worth the risk.”

“Will he balk at the loan and cash payments?”

“Not when I explain the value of the Sea Arrow technology. We’ve had agents trying to penetrate the program, but with no success. I don’t question Bolcke’s estimate of their expenditures. In fact, he may be understating their costs.” He studied his glass of whiskey. “We must do what we can to obtain it.”

Jintai smiled. “Then it is agreed. We will jointly support the proposal to the General Secretary.”

“But there is one problem with our Austrian friend.” Tao turned to Zhou, who had been sitting silent throughout the meeting. “Please, tell the general what you have learned.”

Zhou cleared his throat. “General, I was assigned to investigate thefts of rare earth elements from our primary mine operation in Bayan Obo. There I found an organized crime ring that was systematically stealing crushed ore and transporting it to Tianjin. I tracked an illicit delivery that was loaded aboard a freighter called the Graz.” He paused, glancing at Tao for confirmation to keep talking.

“Should the name mean something to me?” Jintai asked.

“The Graz,” Tao said, “is owned by Bolcke’s shipping company.”