CHINESE ESPIONAGE AGAINST AMERICA STEALS UP TO $600 BILLION A YEAR?
CHINESE ESPIONAGE AGAINST AMERICA STEALS UP TO $600 BILLION A YEAR
Stavros Atlamazoglou | February 13, 2022
A new year has begun but the Chinese Communist Party maintains its old ways.
https://www.sandboxx.us/blog/chinese-espionage-against-america-steals-up-to-600-billion-a-year/
Excerpt below, read full article within link above^
[In early January, a Chinese scientist pleaded guilty to attempting to commit economic espionage against the U.S. in what is yet another attempt by Beijing to gain global economic supremacy by whatever means necessary.
U.S. officials have assessed that China is stealing between $200 billion and $600 billion of U.S. trade secrets every year since the early 2000s. Put together, the leaking of economic secrets translates to a loss of between $4 trillion and $12 trillion over the past 20 years.
In comparison, during the same amount of time, the U.S. has spent an average of about $736 billion per year on defense for a total of approximately $14.7 trillion since 2000. Thus, on the high end, Chinese espionage is stealing the equivalent of almost the entire U.S. military’s budget every year.
Related: HOW CHINA SPIES ON AMERICA AND THE WEST
New cases seemingly every day
On Thursday, Xiang Haitao, a former imaging scientist for Monsanto, pleaded guilty to conspiracy to commit economic espionage.
From 2008 to 2017, Xiang worked on an algorithm known as “Nutrient Optimizer” for Monsanto and The Climate Corporation, a subsidiary of the international company that specializes in agricultural biotechnology.
The Nutrient Optimizer was a proprietary algorithm behind an online farming software platform that farmers could use to collect, store, and visualize farming data in order to make better decisions. Monsanto and its subsidiary kept close guard of their intellectual property, driven by the need to protect their trade secrets more than geopolitical competition.]
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IMHO China is never being held accountable for stealing huge amounts of intellectual property from America.
This is where a huge part of our national debt lies, could the figure stated above possibly be at least two to three times larger than reported?
China is an evil parasitic corrupt communist hell hole which has been enabled to do whatever they please mainly because of the US bought and paid for uniparty politicians, all of whom began their treason and treachery when Nixon was in office.
Why do people accept such lawless behavior by a rogue communist country like China? We are all paying for China’s theft of American intellectual property…..
Stavros Atlamazoglou | February 13, 2022
A new year has begun but the Chinese Communist Party maintains its old ways.
https://www.sandboxx.us/blog/chinese-espionage-against-america-steals-up-to-600-billion-a-year/
Excerpt below, read full article within link above^
[In early January, a Chinese scientist pleaded guilty to attempting to commit economic espionage against the U.S. in what is yet another attempt by Beijing to gain global economic supremacy by whatever means necessary.
U.S. officials have assessed that China is stealing between $200 billion and $600 billion of U.S. trade secrets every year since the early 2000s. Put together, the leaking of economic secrets translates to a loss of between $4 trillion and $12 trillion over the past 20 years.
In comparison, during the same amount of time, the U.S. has spent an average of about $736 billion per year on defense for a total of approximately $14.7 trillion since 2000. Thus, on the high end, Chinese espionage is stealing the equivalent of almost the entire U.S. military’s budget every year.
Related: HOW CHINA SPIES ON AMERICA AND THE WEST
New cases seemingly every day
On Thursday, Xiang Haitao, a former imaging scientist for Monsanto, pleaded guilty to conspiracy to commit economic espionage.
From 2008 to 2017, Xiang worked on an algorithm known as “Nutrient Optimizer” for Monsanto and The Climate Corporation, a subsidiary of the international company that specializes in agricultural biotechnology.
The Nutrient Optimizer was a proprietary algorithm behind an online farming software platform that farmers could use to collect, store, and visualize farming data in order to make better decisions. Monsanto and its subsidiary kept close guard of their intellectual property, driven by the need to protect their trade secrets more than geopolitical competition.]
___________________________________________________
IMHO China is never being held accountable for stealing huge amounts of intellectual property from America.
This is where a huge part of our national debt lies, could the figure stated above possibly be at least two to three times larger than reported?
China is an evil parasitic corrupt communist hell hole which has been enabled to do whatever they please mainly because of the US bought and paid for uniparty politicians, all of whom began their treason and treachery when Nixon was in office.
Why do people accept such lawless behavior by a rogue communist country like China? We are all paying for China’s theft of American intellectual property…..
56-60, M
