Beijing Steals American Technology, Claims US Response is Attack on China's Economy

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Beijing Steals American Technology, Claims US Response is Attack on China's Economy
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China said the U.S. is using intellectual property as a way to hinder China’s development. Yet multiple cases illustrate that U.S. legal action against China for economic espionage is a response to Beijing’s large-scale theft of intellectual property.

cases by the U.S. Justice Department pursued as of 2021 involved China’s illegal economic activities.that Chinese theft of trade secrets, counterfeit goods and pirated software costs the U.S. economy between $225 billion and $600 billion annually.

The FBI says China uses its vast market to attract foreign firms and then reverse engineer foreign technology, saving Chinese firms time and money on research and development.

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