China’s theft of US secrets: “largest transfers of wealth in human history”

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A rising China is a positive development not only for China but for America.

~ Biden said.

The Chinese Communist Party is stealing U.S. technology and trade secrets on a scale “so massive that it represents one of the largest transfers of wealth in human history,” FBI Director Christopher Wray said in a speech given at the Washington-based think tank Hudson Institute.

He said there is a new China-related investigation opened every 10 hours.

“China is engaged in a whole-of state-effort to become the world’s only superpower by any means necessary,” he said.

“It can execute that campaign with authoritarian efficiency,” he added. “They’re calculating, they’re persistent, they’re patient, and they’re not subject to the righteous constraints of an open democratic society, or the rule of law.”

They use a variety of methods from hacking to acquisitions to physical theft. Their stooges include people in intelligence services, private firms, professors, graduate students, and researchers.

The communists target U.S. companies from Fortune 100 companies to startups, in a variety of industries from aviation to agriculture.

U.S. pharmaceutical companies and research institutes have especially been targeted during the pandemic.

Wray said that almost half of the FBI’s nearly 5,000 counterintelligence investigations across the country are connected to China, adding that in the past decade, there has been roughly a 1,300 percent increase in economic espionage cases linked to the regime.

They try to influence operatives and if that doesn’t work, they find intermediaries, and are relentless.

Apparently, the FBI does something besides trying to overturn the Republican presidency.

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5 COMMENTS

  1. “China is engaged in a whole-of state-effort to become the world’s only superpower by any means necessary,” he said.
    Bill Clinton’s Secretary of State, Madelyn Albright once said she was “uncomfortable” with the US being the only superpower after the Berlin Wall fell and the Soviet Union broke up. I don’t have to wonder what she thinks about China’s goal.
    The policies of President Ronald Reagan and British PM Margaret Thatcher caused the breakup of the Soviet Union yet on either the 10th or 20th anniversaries of the fall of the Berlin Wall, Bill Clinton and Mikhail Gorbachev were given credit with no mention of President Reagan or Margaret Thatcher. Bill Clinton was a nobody governor when all that happened and as for Gorbachev, Boris Yeltsin had more to do with the breakup of the Soviet Union than Gorbachev who wanted maybe a changed but intact USSR.

  2. What has Wray done about all of this? We don’t need his speeches. He’s been over there years. He’s done NOTHING about the coup, antifa, or China. His speech is an admission that he is a failure.

  3. This is a bit disingenuous as didn’t Snowden show how the five eyes and their side-kick Israel were getting the ideas for patents by stealing ideas from intra-company e-mails from Germany, Japan, Italy, South Korea, China etc and even from companies in the five eyes countries themselves? It was only when that came out that people realised how a small country with virtually no R&D budget was miraculously able to produce so ,many patents. And remember Einstein’s first and only real job was in the ….. errr patent office, funnily enough. This seems to have been going on since long before the five eyes got together to make it even easier. This hit piece really is a case of the pot calling the kettle black. Did the US pay for the telephone secrets stolen by Alexander Graham Bell from the Edinburgh school for the deaf? Did the Bell labs pay Manchester University for all the seminal work done there on transistor theory? Did the US pay for all the British and European mathematicians efforts that went into the first atomic bomb? Did the US pay the British for the secrets behind the magnetron for radar systems? Did Edison pay Tesla for all his work in designing better d.c. motors and generators for the Edison company? etc etc etc All the British got for their efforts was their empire handed to the US on a silver platter by Churchill whose mother was American. If you are going to tell a story please start telling the truth, the whole truth and nothing but the truth.

    • There is nothing dishonest in this story. It reports what the FBI Director said. It would be interesting to know which side you are on in general. Pointing to other failures – if accurate – doesn’t negate these facts.

      If I follow your logic, it’s OK for China to steal our intellectual wealth because we did it – according to you, and it’s debatable – on several occasions.

    • This is really funny because there was no “transistor theory” predating Shockley’s bipolar junction transistor. You are ignorant of how semiconductor devices came to be or you would have mentioned that the behavior of doped semiconductor junctions would have never been applied without the understanding of Fermi-Dirac statistics, first developed by Italian Enrico Fermi and later independently by Paul Dirac. And then you might read up on the development of the first and ONLY practical transistor (until years later), the bipolar junction transistor by William Shockley with no empirical help from any Englishmen. In short, if American ingenuity was ripping from patents of Englishmen then the courts would have worked it out and proper credit given. https://en.wikipedia.org/wiki/William_Shockley#Career

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