CCP Steals Up to $600 Billion a Year in US Intellectual Property, Experts Warn
The Chinese Communist Party has been stealing U.S. intellectual property for years, costing Americans up to $600 billion annually, the equivalent of $6,000 for every family, an expert testified on Capitol Hill on March 8.
The theft has been systematic, deliberate, and obvious—but not adequately addressed by the federal government, witnesses said.
“When it comes to intellectual property, the Chinese Communist Party has been eating our lunch for many years across both parties’ administrations,” Rep. Ben Cline (R-Va.) said, then corrected his comment.
“I think it needs to be changed to, ‘They’ve been stealing our lunch money and parading in front of us.’”…