| Time | Text |
|---|---|
| We've seen criminal gangs that support the Ministry of State Security. | |
| Not only are they stealing technologies, but they're actually doing denial of service attacks and ransomware attacks and actually doing criminal activities in addition to that. | |
| You have a criminal state. | |
| It's simply the bottom line. | |
| You have a criminal state that supports these to degrade the United States and to further the greatest transfer of wealth in history. | |
| There is also a concerted effort. | |
| Through the state-owned enterprises, right? | |
| China had 300,000. | |
| Now they have about 150,000 state-owned enterprises, 50,000 of which are at the central government level. | |
| About 112 are really large-scale, several hundred thousand employees. | |
| And those entities are controlled, and they do some collection activities, theft of technology in particular, economic espionage. | |
| On behalf of the CCP. | |
| So you have that entire structure, which would be unheard of in free democracies. | |
| You have universities in the same way, collecting on behalf of the CCP. | |
| I mean, we've seen this. | |
| I have over 50 some odd number of universities have been identified in court documents in economic espionage cases. | |
| So we see this at the corporate structure. | |
| We see this at the university structure. | |
| We see it in China's intelligence agencies. | |
| So this is what I mean by a strategic threat. | |
| It's a threat on a scale far vaster than any of our services, our counterintelligence, our security services are used to dealing with. |