Washington Post: Chinese theft continues in cyberspace as new threats emerge, U.S. intelligence officials warn
China continues to steal intellectual property and trade secrets from U.S. companies for its own economic advancement and the development of its military but “at lower volumes” since the two countries forged an agreement in 2015 meant to curb the practice, according to a report published Thursday by American intelligence agencies.
The assessment, which also incorporates the findings of private-sector security experts, comes amid roiling trade tension between the United States and China that has spawned dueling tariffs on billions of dollars worth of goods. It is unlikely to quell concerns from the White House that China continues to pose a significant threat to American companies.
The report shows that China mounts a multifaceted approach to stealing secrets, which include computer software source codes, chemical formulas, and technology that can be used in weapons systems. Although it relies on computer hacking, China also acquires technology and know-how through joint ventures and purchases of companies, academic and research partnerships, and front companies meant to “obscure the hand of the Chinese government,” the report found.
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Update #1: China, Russia, and Iran are working harder to steal US trade secrets and pose a 'significant threat to America’s prosperity,' according to a government report (Business Insider/AP)
Update #2: How Silicon Valley Became a Den of Spies (Zach Dorfman, Politico)
WNU Editor: The U.S. is not the only target that China is active against .... China ‘regrets’ EU’s allegation of intellectual property theft lodged with World Trade Organisation (SCMP/AFP).
