Industrial spies9/12/2023 ![]() Less questionable practices to achieve the goal include policies that require foreign companies doing business in China to form joint ventures with Chinese firms – a policy that’s not uncommon in developing countries with fledgling economies. The White House documents these broader concerns in a 2018 paper titled “ How China’s Economic Aggression Threatens the Technologies and Intellectual Property of the United States and the World.”Ĭhina’s goal, the White House says, is “to acquire the intellectual property and technologies of the world and to capture the emerging high-technology industries that will drive future economic growth.” In simple terms that means foreign companies wanting to set up shop in China have to pay a steep price, often having to share their technology with local business people who can then use it to manufacture competing products. “It’s intellectual property rights, market access and transfer of technology.” ![]() Chamber of Commerce in Shanghai, who now lives in Kailua. “For the American business community, tariffs aren’t the issue,” said Brenda Foster, the former president of the U.S. and China gets most of the headlines, the more critical issues are much broader, especially for U.S. And the theft of trade secrets and other intellectual property is a major risk, he said.Īlthough the much-discussed tit-for-tat imposition of tariffs by the U.S. Now, he said, the focus is on threats from foreign states. Roughly a decade ago, the department’s national security division focused on threats from terrorists, said Demers, who also served in the division from 2006 to 2009. Attorney for National Security John Demers says Hawaii firms may be a target of economic espionage. “Overall, Hawaii is of great interest to China,” said John Demers, Assistant Attorney General for National Security, who is in Honolulu this week meeting with government and military leaders.Īs the federal government’s top lawyer overseeing foreign threats, Demers is in charge of implementing something known as The China Initiative, an effort to fight industrial espionage conducted by China. and China, federal officials are warning Hawaii business and academic leaders to beware: what might seem like a minor security breach could be something bigger. At a time of heightened tensions between the U.S.
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