Tag: intellectual property theft

CCP Steals Up to $600 Billion a Year in US Intellectual Property, Experts Warn

March 8, 2023
Chinese Communist PartyHigh Techintellectual property theftNational SecurityPolicies & ImpactsPoliticsTechUSUS News
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The Chinese Communist Party has been stealing U.S. intellectual property for years, costing Americans up to $600 billion annually, the equivalent of $6,000 for every family, an expert testified on Capitol Hill on March 8. The theft has been systematic, deliberate, and obvious—but not adequately addressed by the federal government, witnesses said. “When it comes…

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South Korean Prosecutors Indict 6 For Leaking National Core Technology to China

January 31, 2023
Asia & PacificBusiness & MarketsChinaChina Business & EconomyChinese intellectual property theftintellectual property rightsintellectual property theftInternational RelationssemiconductorSouth KoreatechnologyWorld
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Six South Korean nationals were indicted for leaking the country’s national core technology to China. The stolen technologies pertain to the Chemical Mechanical Polishing (CMP) used in manufacturing semiconductor wafers. The Technology and Design Police Division of the Korean Intellectual Property Office (KIPO) and the Daejeon District Prosecutors’ Office said on Jan. 26 that they…

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5 Reasons Why Chinese Manufacturing Will Decline Rapidly

January 23, 2023
chinese manufacturingintellectual property theftMade in China 2025OpinionThinking About ChinaThousand Talents Program
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Commentary China has always been considered a major manufacturing country, playing a pivotal role in the global industrial division of labor. However, I believe we will see a rapid decline in Chinese manufacturing, and China will lose its status as “the world’s factory.” Here’s why. Population Crisis On Jan. 17, China’s National Bureau of Statistics released…

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Appeal of Alleged Hacker From Alabama to Be Heard by Supreme Court

December 14, 2022
Alabamaconstitutional rightsCrime and IncidentsFeatured TopicsFloridaintellectual property theftJudiciaryPolicies & ImpactsSupreme CourtUSUS News
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The Supreme Court decided Dec. 13 to hear the case of an Alabama man whose trade secrets theft conviction in Florida for stealing proprietary fishing information from a Florida-based website was vacated because his trial took place in the wrong state. Having the conviction vacated was not enough for software engineer Timothy S. Smith of…

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Lawmakers Push Biden to Order Screening of American Investments in China

September 28, 2022
Business & MarketsChinacongresseconomic policiesforced technology transferintellectual property theftInvestmentPoliticsUSUS-China relations
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A bipartisan group of U.S. House and Senate lawmakers urged President Joe Biden to issue an executive order to increase the screening of investments by American companies in foreign adversaries, particularly China. An executive order controlling American investment abroad would “safeguard our national security and supply chain resiliency on outbound investments to foreign adversaries,” eight…

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Lawmakers Push Biden to Order Screening of US Investments in China

September 28, 2022
Business & MarketsChinacongresseconomic policiesforced technology transferintellectual property theftInvestmentPoliticsUSUS-China relations
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A bipartisan group of U.S. House and Senate lawmakers urged President Joe Biden to issue an executive order to increase the screening of investments by U.S. companies in foreign adversaries, particularly China. An executive order controlling U.S. investment abroad would “safeguard our national security and supply chain resiliency on outbound investments to foreign adversaries,” eight…

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Unprecedented FBI, MI5, Joint Warning on CCP is Equal to ‘Break Glass in Case of Emergency’: Expert

July 22, 2022
ChinaFBIhybrid warfareintellectual property theftMI5National SecurityTaiwanUSUS FeaturesUS-China relations
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A rare joint address, recently delivered at an international forum by the FBI and MI5 directors that warned against the worldwide threat posed by the CCP, was equivalent to a “break glass in case of emergency” message, said Casey Fleming, CEO of BlackOps Partners. For the FBI director to speak alongside the MI5 head on…

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American Traitors: Academics Working for China

December 30, 2021
academiaChinaChinese Communist Partyespionageintellectual property theftOpinionThinking About ChinaThousand Talents ProgramViewpoints
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Commentary It took a federal jury in Boston less than three hours to return guilty verdicts on all six felony counts against Charles Lieber, the former chair of Harvard University’s Department of Chemistry and Chemical Biology. Lieber, “one of the country’s top research chemists” according to the New York Times, lied to the FBI about his participation in…

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New US-EU Trade and Technology Council is Designed to Counter China, Expert Says

September 30, 2021
ChinaChina Standards 2035intellectual property theftSpecial Topicstech WarTrade and Technology CouncilUS-China relations
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The United States and European Union (EU) agreed on Sep. 29 to deepen transatlantic cooperation to solve a variety of trade disputes and key technology areas. Analysts say it is an “inevitable step” in confronting the communist Chinese regime’s “hegemony”. It marks the first meeting of the newly-established U.S.-EU Trade and Technology Council (TTC) after…

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New US-EU Trade and Technology Council Is Designed to Counter China, Experts Say

September 30, 2021
ChinaChina Standards 2035intellectual property theftSpecial Topicstech WarTrade and Technology CouncilUS-China relations
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The United States and European Union (EU) agreed on Sep. 29 to deepen transatlantic cooperation to solve a variety of trade disputes and key technology areas. Analysts say it is an “inevitable step” in confronting the Chinese regime’s “hegemony.” It marks the first meeting of the newly-established U.S.-EU Trade and Technology Council (TTC) after President…

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