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

By
M Dowling
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4
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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.

Watch:

JOE BIDEN LOVES CHINA

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John
4 years ago

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… Read more »

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groovimus
4 years ago
Reply to  John

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.… Read more »

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The Prisoner
4 years ago

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.

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Tim Kuehl
4 years ago

“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.… Read more »

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