America has to respond with a united front to China’s massive economic warfare
Treasury Secretary Scott Bessent discusses President Donald Trump’s economic success, U.S.-China relations and more on ‘Hannity.’
China’s systematic and orchestrated campaign of intellectual property theft and technological advancement poses an unprecedented threat to America’s national security, demanding a comprehensive and urgent response. The United States, once undisputed in its technological prowess, now grapples with threats emerging from the Chinese Communist Party (CCP) agenda that are both insidious and far-reaching in terms of the threats to our national security.
As the world enters an era defined by new forms of power, emerging technologies such as artificial intelligence (AI), quantum computing and hypersonic weapons are at the forefront of U.S.-China competition. The National Security Commission on Artificial Intelligence warned as far back as 2021 that, "China possesses the might, talent, and ambition to surpass the United States as the world’s leader in AI in the next decade," underscoring the urgency of this technological race.
This danger stems not only from China’s relentless pursuit of American know-how and data — evidenced by high-profile cases such as the indictment of Chinese nationals for cyber-espionage against U.S. companies — but also from the uncomfortable reality that America has, to a significant extent, enabled this IP larceny through investments and insufficient controls. The consequences of such actions cannot be overstated; they reverberate through every facet of national security and economic competitiveness.
While the U.S. has been entangled in protracted conflicts in the Middle East, the CCP has pursued a "whole-of-society" approach to national rejuvenation. The 2017 National Intelligence Law requires all Chinese organizations and citizens to support, assist and cooperate with state intelligence work, raising concerns about the security of joint ventures and technology transfers.
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