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The theft of trade secrets is estimated to cost the American taxpayer up to $600B a year, with China identified as the principal source of this loss. A lot of what China was doing was not illegal. Rather, they were taking advantage of America’s corporate vulnerabilities using regulatory blind spots. “The Chinese understand our system and they know how to work within it with virtual impunity — most of the time.” “It’s the Wild West out there. China is targeting our startups, our academic institutions, our innovators, our DoD-funded research projects. But there’s not enough oversight and action. It’s all intertwined as part of China’s economic warfare strategy, and we’ve not even entered the battlefield.”
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Byron Wan
@Byron_Wan
🇨🇳 and 🇷🇺 operatives — sex warfare Some Silicon Valley professionals have recently been targeted with sophisticated LinkedIn requests by foreign seductresses such as attractive young Chinese women hoping to gain access to US tech secrets. At a business conference on Chinese
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