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Threat Status: How China's IP theft machine really works
2430 Group Co-Founder Tom Lyons talks to the The Washington Times’ Threat Status podcast about the People's Republic of China's ongoing campaign of intellectual property theft. During the episode, Lyons explained how the PRC uses a sophisticated blend of coercion, fraud, and state-sponsored economic espionage to acquire American innovation. These activities directly undermine US economic stability and national security by eroding technological competitiveness and threatening American jobs. Lyons emphasized that small businesses, the primary engines of US innovation, are frequently targeted and remain uniquely vulnerable to these predatory practices.
A Typology of China's Intellectual Property Theft Techniques
After decades of ignoring the problem, the US and its allies are starting to comprehend the national security, economic, and political consequences of the torrent of intellectual property that China diverts from foreign private companies.