What has China stole from the US?
Chinese hackers have stolen information on the Patriot missile system, the F-35 Joint Strike Fighter, and the U.S. Navy’s new Littoral combat ship. These blueprints of U.S. weapon and control systems were stolen to advance the development of Chinese weaponry.
Do Chinese companies steal intellectual property?
China’s typical modus operandi is to steal American IP, replicate it, replace the U.S. company originating that IP in the Chinese domestic market, then displace the United States in the global market.
Which country steals the most intellectual property?
China
Over 80\% of all cases charged as economic espionage (i.e., cases involving the theft of trade secrets by or on behalf of the Chinese government or its instrumentalities or agents) involve China, and 60\% of all trade secret cases involve China.
What is the currency manipulation in China?
Chinese Currency Manipulation. The Chinese government have been criticised for the ‘manipulation’ of their currency. They would prefer not to use the word ‘manipulation’ perhaps they have an unofficial exchange rate target to keep Chinese currency undervalued to promote growth and exports.
Is the US the victim of China’s trade cheating?
The entire multilateral trading system – not just the U.S. – is the victim of China’s cheating. Government ownership of China’s banking system, and the enormity of its state-owned enterprise sector give China the tools to illegally subsidize industries in ways that are hard to detect.
Which industries have first-hand knowledge of Chinese cheating?
Another industry in which I have first-hand knowledge of China’s cheating is the capital markets.
Is the US-China trade relationship really lopsided?
And it’s true that the U.S-China trade relationship is lopsided. China sells a lot more to the United States than it buys. The resulting trade deficit in goods amounted to a staggering $289 billion through the first 10 months of 2016.