Dennis Prager Show - Bill Gertz: How China is Stealing our Intellectual Property
Aired: 2019-09-21
Duration: 01:49


=== China's Theft of American IP (01:49) ===

[00:00:00]  Hi, this is Dennis Prager, and this is what you missed yesterday on the show.
[00:00:04]  People don't know, and I'd like you to expand on this for a moment, it's always said, but I am sure 90% of Americans don't know what this means when we speak about their theft of intellectual property.
[00:00:18]  I think that's unbelievably important to explain it.
[00:00:22]  Okay.
[00:00:24]  For decades now, again, we had this unfettered engagement policy, which, by the way, led to the loss of all the secrets on our nuclear warheads, multiple warhead technology.
[00:00:35]  But from our current period, the amount of intellectual property and technology theft, and this was outlined in a White House report last year, is a staggering sum.
[00:00:47]  They estimate that between $250 billion annually and $600 billion annually in American technology and intellectual property is being stolen by China.
[00:00:57]  And no nation can survive when the basis of your economy is so heavily oriented towards China.
[00:01:03]  How do they steal it?
[00:01:04]  Through a combination of illicit and licit means, buying up companies.
[00:01:10]  Just this week, I wrote a story for the Free Beacon on the arrest of a Chinese national who's part of what's known as the Thousand Talents program.
[00:01:19]  They were doing visa fraud, and they were basically bringing in Chinese officials who were coming in ostensibly to do research at universities like MIT and others.
[00:01:29]  And in fact, they were recruiting Asian Americans and others to go back to China and basically build up the Chinese military and civilians.
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[00:01:47]  You'll never miss another show.