Thieves! New Chinese Policy Endangers US Business

China’s government is using a multi-pronged strategy to systematically steal advanced American technology as part of economic aggression against the United States, according to a White House report.

The report, based in part on declassified intelligence from the Pentagon and intelligence agencies, provides some of the first public details on China’s industrial policies that have produced the world’s second largest economy, often at the expense of American companies.

“The Chinese state seeks to access the crown jewels of American technology and intellectual property,” says the report, made public Tuesday night.

China’s economic strategy involves obtaining and utilizing technologies and know-how gathered from around the globe through a combination of state-sponsored theft, cyber attacks, violations of U.S. export controls, and counterfeiting and piracy.

Read more at The Washington Free Beacon 

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