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

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White House exposes Chinese economic aggression

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.

German Streets Descend into Lawlessness

German police are shown deployed to break up a mass brawl between migrants (Image source: SAT1 video screenshot)

 

“We are losing control of the streets.”

• During the first six months of 2016, migrants committed 142,500 crimes, according to the Federal Criminal Police Office. This is equivalent to 780 crimes committed by migrants every day, an increase of nearly 40% over 2015. The data includes only those crimes in which a suspect has been caught.
• Thousands of migrants who entered the country as “asylum seekers” or “refugees” have gone missing. They are, presumably, economic migrants who entered Germany on false pretenses. Many are thought to be engaging in robbery and criminal violence.
• Local police in many parts of the country admit that they are stretched to the limit and are unable to maintain law and order.
• “Drug trafficking takes place right before our eyes. If we intervene, we are threatened, spat on, insulted. Sometimes someone whips out a knife. They are always the same people. They are ruthless, fearless and have no problems with robbing even the elderly.” — Private security guard.
• According to Freddi Lohse of the German Police Union in Hamburg, many migrant offenders view the leniency of the German justice system as a green light to continue delinquent behavior. “They are used to tougher consequences in their home countries,” he said. “They have no respect for us.”
• “It cannot be that offenders continue to fill the police files, hurt us physically, insult us, whatever, and there are no consequences. Many cases are closed or offenders are released on probation or whatever. Yes, what is happening in the courts today is a joke.” — Tania Kambouri, German police officer.

The War On Cash: Why Now?

You’ve probably read that there is a “war on cash” being waged on various fronts around the world. What exactly does a “war on cash” mean?

It means governments are limiting the use of cash and a variety of official-mouthpiece economists are calling for the outright abolition of cash. Authorities are both restricting the amount of cash that can be withdrawn from banks, and limiting what can be purchased with cash.

These limits are broadly called “capital controls.”