Another insidious effect of dominating in critical minerals, advantaging domestic industry, funding related R&D and innovation, and encouraging outright corporate espionage.
Ironic that the Chinese now look to be able to browbeat the rest of the world with intellectual property protections after having spent decades engaging in extensive, well-documented corporate espionage and intellectual property (IP) theft, resulting in estimated annual losses of $225–$600 billion to the U.S. economy and described by the FBI as one of the largest wealth transfers in history.
"US law enforcement officials have identified China as the most active foreign power involved in the illegal acquisition of American technology."
"In July 2020, FBI Director Christopher Wray called China the "greatest long-term threat" to the United States. He said that "the FBI is now opening a new China-related counterintelligence case every 10 hours. Of the nearly 5,000 active counterintelligence cases currently underway across the country, almost half are related to China."
"The FBI stated that China operates the world's largest hacking program, surpassing all other foreign governments combined, ... In 2019, CNN reported that China had created an extensive infrastructure charged with cyber espionage over the past two decades. A previous FBI head of counterintelligence said that "the Chinese have tens of thousands of young kids—like our MIT's or Stanford's best—hacking against the US."
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