![]() President Donald Trump, and Xi Jinping, China's president, shake hands during a news conference at the Great Hall of the People in Beijing, China, on Thursday, Nov. "Another recent example was the conviction of a Chinese scientist for theft of genetically modified rice seeds with biopharmaceutical applications, providing a direct economic benefit to the Chinese crop institute that was the intended recipient of the seeds," the report continues. company resulting in the victim losing more than $1 billion in shareholder equity and almost 700 jobs, over half its global workforce," the report reads. "One example was the conviction of a Chinese company-the Sinovel Wind Group Company-for stealing wind turbine technology from a U.S. ![]() Furthermore, China's lack of intellectual property laws, unwillingness to cooperate in investigations and the outsized role of state-owned enterprises in the country's economy largely contribute to the Chinese government's complicity in these crimes. The report noted that the Department of Justice has not always been able to link the theft of trade secrets directly to the Chinese government, but that the theft almost always benefits China's official economic policy. "From 2011-2018, more than 90 percent of the Department's cases alleging economic espionage by or to benefit a state involve China, and more than two-thirds of the Department's theft of trade secrets cases have had a nexus to China," the report stated. China was involved in 90 percent of all economic espionage cases handled by the Department of Justice over the last seven years, according to a report submitted Wednesday to the Senate Intelligence Committee.
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