China Industrial Policy Seeks to Steal ‘Crown Jewels’ of U.S. Tech

China's government is using a multi-pronged strategy to systematically steal advanced American technology as part of economic aggression against the United States, according to a White House report.

The report, based in part on declassified intelligence from the Pentagon and intelligence agencies, provides some of the first public details on China's industrial policies that have produced the world's second largest economy, often at the expense of American companies.

"The Chinese state seeks to access the crown jewels of American technology and intellectual property," says the report, made public Tuesday night.

China's economic strategy involves obtaining and utilizing technologies and know-how gathered from around the globe through a combination of state-sponsored theft, cyber attacks, violations of U.S. export controls, and counterfeiting and piracy.

However, most of the Chinese economic aggression has taken place in the United States or against American companies doing business in China.

China's economic aggression was defined by the White House as six behaviors: Theft, forced tech transfer, evasion of export controls, export restraints on raw materials, information-harvesting, and acquisitions.

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[Chinese 'students' harvest a tremendous amount of sensitive information from our universities. Yet they are still being given visas. --Editor]