GLOBALIZATION »» CHINA »» INTELLECTUAL PROPERTTY THEFT »» Apr 05, 2021

Our intelligence agencies have disclosed proof of massive Chinese computer hacking operations that have targeted America and other nations. These targets include not only our military but our manufacturing, biotechnology, telecommunications, nanotechnology and clean-energy industries. Officials claim the theft of this technology is draining $400 billion from our economy each year and costing millions of American jobs. Corporate executives accuse China of committing the biggest theft in history. China uses several methods to obtain U.S. technology including espionage, exploiting corporations, and a network of academic, scientific and business contacts. A 2020 report from our Justice Dept. said this about one recent hack: