The Chinese Communist Party has been quietly waging war against Western Democracies for decades through corporate espionage and financial takeovers. Intellectual property theft alone costs American companies as much as $600 billion annually. The trade war between the U.S. and China put the illicit communist practices on full display. However, the communists’ determination to impose totalitarian values on free people has yet to be put in check.
“The greatest long-term threat to our nation’s information and intellectual property, and to our economic vitality, is the counterintelligence and economic espionage threat from China,” FBI Director Christopher Wray said.
The U.S. Department of Justice recently charged five members of the Chinese Communist Party with corporate espionage. They reportedly hacked into upwards of 100 American and foreign companies, pilfering off lucrative intellectual property from the videogame industry.
“The Department of Justice has used every tool available to disrupt the illegal computer intrusions and cyberattacks by these Chinese citizens,” Deputy Attorney General Jeffrey Rosen reportedly said. “Regrettably, the Chinese Communist Party has chosen a different path of making China safe for cybercriminals so long as they attack computers outside China and steal intellectual property helpful to China.”
Blunt-force hacking has been the method of choice when China cannot buy its way into profitable Western corporations. Recent reports indicate that the Communists have asserted enough financial influence to sway the direction of approximately 40 percent of major European corporations. Since 2010, upwards of 650 acquisitions have been made into companies based in Democracies and 15 percent reportedly provide the Asian power substantial government influence. When not applying political pressure, Communist-controlled operations leverage business technology to spy on free people.
For example, the Dutch semiconductor organization, Ampleon, was taken over by China in 2015 after masking its presence through five corporate layers. The Europe-based outfit produces unique cell phone chips, now controlled by the communist party.
“It is estimated that over half of all mobile telephone conversations in the world go through Ampleon chips,” according to a Datenna research paper. The technology is also used “in the radar systems of the Dutch Navy.”
In the U.S., Chinese investment into technology corporations soared in the final year of the Obama-Biden administration, with the former vice president overseeing Asian foreign policy. As the “Made in China” push was unveiled, corporate influence skyrocketed from $2.3 billion in 2014 to $9.9 billion in 2015. Joe Biden and his son, Hunter, set the tone for Chinese corporate takeovers.
A U.S. Senate investigation determined that the Bidens managed to sidestep federal conflict of interest oversight. Hunter Biden amassed vast wealth by leveraging his position on the China-backed Bohai Harvest RST investment firm to purchase an American technology operation.
“Committee on Foreign Investment in the United States (CFIUS) approved a transaction that gave control over Henniges, an American maker of antivibration technologies with military applications, to a Chinese government-owned aviation company and a China-based investment firm with established ties to the Chinese government,” the Senate report states.
As the Trump Administration pushes for a purge of Chinese financial influence, communists have ramped up espionage efforts by placing scientists in university research settings, paying off government officials, and using hackers. Recent reports indicate that China and Iran are actively meddling in the 2020 election in an effort to pull Biden back into their orbit.