US Senators Voice Concern Over Chinese Access To Intellectual Property (reuters.com)
Leaders of the U.S. Senate Intelligence Committee said on Tuesday they were concerned about what they described as China's efforts to gain access to sensitive U.S. technologies and intellectual property through Chinese companies with government ties. From a report: Senator Richard Burr, the committee's Republican chairman, cited concerns about the spread of foreign technologies in the United States, which he called "counterintelligence and information security risks that come prepackaged with the goods and services of certain overseas vendors. The focus of my concern today is China, and specifically Chinese telecoms (companies) like Huawei and ZTE that are widely understood to have extraordinary ties to the Chinese government," Burr said. Senator Mark Warner, the committee's Democratic vice chairman, said he had similar concerns. "I'm worried about the close relationship between the Chinese government and Chinese technology firms, particularly in the area of commercialization of our surveillance technology and efforts to shape telecommunications equipment markets," Warner said.
We sold our soul long ago when we allowed the blind capitalistic pursuit of cheaper labor to ship a large portion of our manufacturing capacity overseas, primarily to China. Anyone with a brain understood that by doing this we were giving them our IP and in the long term it would probably be a bad deal for us, but we allowed short term pursuit of higher profits to make the decisions and the government was perfectly happy to look the other way, as long as those fat corporate campaign contributions kept flowing.
I don't blame China. They simply used our greed against us. Well played, China. Bravo.
And these corporate blow boys are just now figuring out that dealing with China means they will suck every iota of technology out of your company and throw it back a year later as their own?
Seriously...it's 'way past time Americans at least made a token effort to get control of their government back from the oligarchs.
I've calculated my velocity with such exquisite precision that I have no idea where I am.
They are a backward and violent people
In the last 50 years, America has been in over a dozen wars and military interventions. China has been in one.
The murder rate in China is one sixth of America's rate.
Perhaps you mean "official" violence against their own people? America "wins" there too, by arresting and imprisoning more than 4 times as many people per capita.
So who is more violent?