Episode Details

David Shedd, author of The Great Heist: China's Epic Campaign to Steal America's Secrets, analyzes China's multi-decade campaign of intellectual property and data theft against the United States, costing up to $600 billion annually. He explains how admitting China to the WTO in 2001 failed to foster democratization and details the massive scale of the Ministry of State Security. Using corporate examples like Apple and Google to illustrate this threat, he warns of America's vulnerabilities and advocates for defensive reforms, including a partial economic decoupling, modernized legal deterrence, and the establishment of a National Economic Security Council to better protect critical domestic industries and safeguard the nation's technological crown jewels. (1)