Epoch Times - How Chinese Companies Trick Americans into Turning Over Key Technologies | Michael Sekora
Aired: 2025-12-19
Duration: 02:29


=== China's Aerospace Ambition (02:29) ===

[00:00:00]  I was sitting in the office with the Under Secretary of Commerce for Technology, and we had representatives from Vice Senior President from Boeing, Grumman, all the major aerospace industry guys.
[00:00:13]  And I sat in that room and said, China is going to eat your lunch in aerospace.
[00:00:18]  They said, you're telling me a country that doesn't have indoor plumbing in 90% of the homes is going to eat our lunch in the marketplace.
[00:00:29]  And I said, yes, sir, they are.
[00:00:31]  They said, you're an idiot.
[00:00:34]  Everybody knows by classic MBA that the barriers to entry are too large.
[00:00:40]  What that means in MBA language is the amount of finances required to go into that industry is so large nobody else can do it.
[00:00:48]  Because the amount of money it takes to build an aerospace industry is massive.
[00:00:52]  You know, just the facilities are large, the testing and things like that.
[00:00:56]  I said, they're going to do it.
[00:00:57]  And we basically knew how they were doing it, which looks at a technology strategy.
[00:01:03]  From a technology strategy point of view, they don't go in one day and say, okay, we're going to build an airplane.
[00:01:08]  They go in and say, you know what?
[00:01:10]  We're going to come up, we're going to acquire the technology.
[00:01:13]  And we'll come back to the acquire.
[00:01:14]  This is China.
[00:01:15]  Right.
[00:01:16]  And say, we're going to build the little wingtips on the wings for the next plane for Boeing.
[00:01:22]  And we'll go to Boeing and say, we want to build the wingtips.
[00:01:24]  And Boeing will say, do you have the technology?
[00:01:26]  And usually China would say, nah, we don't have it.
[00:01:28]  Could you give it to us?
[00:01:29]  And they'll say, sure.
[00:01:30]  You got cheap labor.
[00:01:31]  We now cut our costs by 0.01%.
[00:01:34]  They got the wingtips.
[00:01:36]  Do a great job.
[00:01:38]  They deliver it at less cost than they said they were.
[00:01:40]  It's perfect.
[00:01:41]  Wingtips.
[00:01:42]  Boeing managers looking at going, geez, guess what?
[00:01:45]  We made more money this month.
[00:01:46]  I get a bonus.
[00:01:48]  Can you guys do the struts?
[00:01:51]  Yes, sir.
[00:01:53]  Give us the technology.
[00:01:55]  Here's the technology.
[00:01:57]  So what they do, and actually, I put together two graphics that showed them doing this with the platforms, the entire plane, and the engines.
[00:02:08]  And we showed, and we had the names of the organizations that were going in and going, this, getting that technology, doing this technology, this.
[00:02:15]  So what they do is they very slowly piecemeal it together.
[00:02:18]  Well, if we can do the wingtips, next week, you know, a couple of years later, we'll do the entire wing.
[00:02:24]  And we'll either cut your costs more, but we need the technology.
[00:02:28]  So they systematically maneuver.