{"id":633851,"date":"2021-08-11T15:06:29","date_gmt":"2021-08-11T19:06:29","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=633851"},"modified":"2021-08-11T15:06:32","modified_gmt":"2021-08-11T19:06:32","slug":"media-ignore-biggest-illegal-wealth-transferin-the-history-of-mankind-from-u-s-to-china","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/media-ignore-biggest-illegal-wealth-transferin-the-history-of-mankind-from-u-s-to-china\/","title":{"rendered":"Media Ignore \u2018Biggest Illegal Wealth Transfer\u2026In The History Of Mankind,\u2019 From U.S. To China"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmedia-ignore-biggest-illegal-wealth-transferin-the-history-of-mankind-from-u-s-to-china%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=633851&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/08\/GettyImages-1233736366.jpg?w=1200&amp;h=800&amp;ixlib=react-9.0.3\" class=\"ff-og-image-inserted\" \/><\/div>\n<p>While the media frequently obsesses over the redistribution of wealth, they have ignored the Chinese government\u2019s theft of U.S. technology, which has created \u201cthe biggest illegal wealth transfer\u201d in world history. That is one of a number of startling facts that came to light during a rare, public hearing of the Senate Intelligence Committee last Wednesday.<\/p>\n<p>\u201cChina is stealing between $300 and $600 billion a year of American technology and intellectual property,\u201d <a href=\"https:\/\/www.rubio.senate.gov\/public\/index.cfm\/press-releases?ID=009F2046-4E12-42DE-B88E-71BDDAC2DD05\">said<\/a> Senator Marco Rubio (R-FL), the committee\u2019s vice chairman, who added:<\/p>\n<blockquote readability=\"9\">\n<p><em>They use venture capital funds to buy promising technology startups; they hide their ownership, by the way. They partner with universities on research and then they steal that research \u2014 often research whose seed funding came from the U.S. taxpayer. They force American companies doing business in China to give the technology over to them.<\/em><\/p>\n<\/blockquote>\n<p>\u201cThey have weaponized our openness, they have weaponized our decency and they have weaponized a corporate lust for profits against us,\u201d said Senator Rubio. \u201cChina is already carrying out the biggest illegal wealth transfer from one nation to another in the history of mankind.\u201d<\/p>\n<p>China\u2019s illegal espionage of U.S. technology costs \u201capproximately $4,000 to $6,000 per American family of four \u2026 after taxes,\u201d <a href=\"https:\/\/www.intelligence.senate.gov\/sites\/default\/files\/documents\/os-bevanina-080421.pdf\">according<\/a> to Bill Evanina, the former director of the National Counterintelligence and Security Center, who testified at the hearing. Much of the stolen information has military applications, and \u2014 since money is fungible \u2014 China can use any financial benefit to fund the <a href=\"https:\/\/chinapower.csis.org\/military-spending\/\">ever-expanding<\/a> People\u2019s Liberation Army. \u201cEconomic security is national security,\u201d Evanina said.<\/p>\n<p>Americans\u2019 privacy and cybersecurity have also been victimized by the Chinese Communist Party\u2019s increasing technological hegemony. \u201cIt is estimated that 80% of American adults have had all of their personal data stolen by the CCP, and the other 20% most of their personal data,\u201d said Evanina.<\/p>\n<p>The CCP \u201cnow compiles dossiers on millions of foreign citizens around the world, using the material that it gathers to influence, target, intimidate, reward, blackmail, flatter, humiliate, and ultimately divide and conquer,\u201d <a href=\"https:\/\/www.intelligence.senate.gov\/sites\/default\/files\/documents\/os-mpottinger-080421.pdf\">testified<\/a> Matthew Pottinger, a former Trump deputy national security adviser who is <a href=\"https:\/\/www.hoover.org\/profiles\/matt-pottinger\">now<\/a> a fellow with the <a href=\"https:\/\/www.hoover.org\/\">Hoover Institute<\/a>.<\/p>\n<p>Companies tied to the Chinese government also collect Americans\u2019 genetic data \u2014 even those of pregnant women and their unborn children. \u201cA Chinese gene company selling prenatal tests around the world developed them in collaboration with the country\u2019s military and is using them to collect genetic data from millions of women for sweeping research on the traits of populations,\u201d <a href=\"https:\/\/www.reuters.com\/investigates\/special-report\/health-china-bgi-dna\/\">reported<\/a> Reuters in July. Aside from gathering genomic information from Chinese and Americans, Beijing is also focusing on making itself an indispensable source of wind turbines and renewable energy, and \u201cbecoming a chokepoint for vital pharmaceutical ingredients\u201d and \u201cgeneric medicines,\u201d <a href=\"https:\/\/www.intelligence.senate.gov\/sites\/default\/files\/documents\/os-apuglisi-080421.pdf\">testified<\/a> Anna Puglisi, a former counterintelligence officer,&nbsp;at the hearing.<\/p>\n<p>The revelations were meant to be eye-opening. \u201cThe Intelligence Committee \u2026 doesn\u2019t normally hold open hearings, but Vice Chairman Rubio and I believe this story needs to get out to the American public,\u201d&nbsp;said Chairman Mark Warner (D-VA). But the U.S. media have largely foiled that aim.<\/p>\n<p><a href=\"https:\/\/www.c-span.org\/video\/?513854-1\/hearing-china-us-national-security\">CSPAN<\/a> and <a href=\"https:\/\/www.pbs.org\/newshour\/politics\/watch-live-experts-testify-on-chinese-threats-to-u-s-national-security\">PBS NewsHour<\/a> carried live footage of the hearings. The proceedings were covered by <a href=\"https:\/\/thehill.com\/policy\/cybersecurity\/566414-senators-highlight-national-security-threats-from-china-during-rare?rl=1\">The Hill<\/a>, which reports on all major congressional hearings \u2014 but not by <a href=\"https:\/\/www.google.com\/search?q=%22Senate+intelligence+committee%22+site%3Arollcall.com&amp;client=safari&amp;rls=en&amp;source=lnt&amp;tbs=cdr%3A1%2Ccd_min%3A8%2F1%2F2021%2Ccd_max%3A&amp;tbm=\">Roll Call<\/a>, which has the same mandate, nor <a href=\"https:\/\/www.politico.com\/search?q=%22senate%20intelligence%20committee%22&amp;s=newest\">Politico<\/a>. CNBC merely <a href=\"https:\/\/cbnc.com\/rubios-chilling-warning-china-has-weaponized-us-corporate-lust-for-profits\/\">linked<\/a> Fox News\u2019 coverage.<\/p>\n<p>Otherwise, media coverage was <a href=\"https:\/\/www.google.com\/search?q=%22senate+intelligence+committee%22+china&amp;client=safari&amp;rls=en&amp;tbs=cdr:1,cd_min:8\/1\/2021&amp;ei=dP4TYbuwKJG6tAbMv6OABg&amp;start=90&amp;sa=N&amp;ved=2ahUKEwi7ur6rtanyAhURHc0KHczfCGA4UBDw0wN6BAgBEEw&amp;biw=1434&amp;bih=704\">restricted<\/a> to center-Right news outlets including <a href=\"https:\/\/www.foxnews.com\/politics\/rubio-china-has-weaponized-us-corporate-lust-for-profits\">Fox News<\/a>, <a href=\"https:\/\/www.washingtonexaminer.com\/news\/trump-adviser-warns-about-chinese-disinformation-on-covid-19-origins-and-vaccine-safety\">The Washington Examiner<\/a>, <a href=\"https:\/\/www.washingtontimes.com\/news\/2021\/aug\/4\/national-security-veterans-warn-senate-panel-ccp-i\/\">The Washington Times<\/a>, the <a href=\"https:\/\/nypost.com\/2021\/08\/05\/china-has-weaponized-americas-lust-for-profits-rubio-says\/\">New York Post<\/a>, <a href=\"https:\/\/www.newsmax.com\/politics\/rubio-china-business-testimony\/2021\/08\/05\/id\/1031277\/\">Newsmax<\/a>, <a href=\"https:\/\/www1.cbn.com\/cbnnews\/national-security\/2021\/august\/satellite-images-show-china-building-new-nuclear-missile-silos\">CBN News<\/a>, <a href=\"https:\/\/dailycaller.com\/2021\/08\/04\/senate-intelligence-china-national-security-intellectual-property-rubio\/\">The Daily Caller<\/a>, <a href=\"https:\/\/www.theepochtimes.com\/us-needs-to-fight-back-against-chinas-political-warfare-expert-warns-senators_3934607.html\">The Epoch Times<\/a>, and <a href=\"https:\/\/www.washingtonexaminer.com\/news\/trump-adviser-warns-about-chinese-disinformation-on-covid-19-origins-and-vaccine-safety\">The Well News<\/a>. Media reports proved so sparse that <a href=\"https:\/\/www.foxnews.com\/tech\/china-has-enough-stolen-us-data-to-create-dossiers-on-every-american-senate-panel-is-told\">some<\/a> of those <a href=\"https:\/\/www.washingtonexaminer.com\/news\/china-stolen-enough-data-compile-dossier-every-american\">outlets<\/a> covered <a href=\"https:\/\/nypost.com\/2021\/08\/09\/senate-panel-warned-china-has-enough-data-for-dossiers-on-all-americans\/\">separate aspects<\/a> of the hearings again this week.<\/p>\n<p>But two foreign, government-run news outlets found the hearings worthy of coverage: the <a href=\"https:\/\/www.scmp.com\/news\/china\/diplomacy\/article\/3143862\/former-us-national-security-officials-warn-congress-pervasive\">South China Morning Post<\/a>, and \u201cThe News with Rick Sanchez\u201d on Russia\u2019s <a href=\"https:\/\/www.rt.com\/shows\/news-with-rick-sanchez\/531168-israel-shells-lebanon-as-country\/\">RT<\/a>.<\/p>\n<p>Sanchez lampooned the notion that China poses any challenge to the West. \u201cClearly, in the eyes of the men and women of the U.S. Senate \u2014 most of whom are older than dirt and see the world through the prism of the Cold War \u2014 China needs to be defeated, because it\u2019s a threat,\u201d Sanchez said.<\/p>\n<p>Rubio\u2019s opening speech \u201csounds like we\u2019re in the 1950s,\u201d Sanchez added. \u201cI felt like I was listening to Joe McCarthy. That speech is a speech about Russia, about Vietnam, about Korea.\u201d<\/p>\n<p>But experts at the hearing said tighter scrutiny is precisely what is needed to end the oppression of the world\u2019s most populous nation, even as it helped liberate Soviet citizens. \u201cBy not holding the Chinese government accountable, we give credence to a system that deprives China\u2019s educated elite from the dignity they aspire to and deserve,\u201d said Anna Puglisi. \u201cThe Chinese people deserve better.\u201d<\/p>\n<p>The hearing came as Senator Rubio introduced a flurry of legislation aimed at paring back Communist China\u2019s hold on vital American institutions. Senators Rubio and Catherine Cortez Masto (D-NV) <a href=\"https:\/\/www.rubio.senate.gov\/public\/index.cfm\/press-releases?ID=4626C7D2-0BA3-406A-B42A-6B0A697DBC11\">reintroduced<\/a> the&nbsp;\u201c<a href=\"https:\/\/www.rubio.senate.gov\/public\/_cache\/files\/e6c85fe6-0bd4-477d-a9c6-7d734355496a\/663B253C6C03F91473BD8F70BA5DFFB3.ccp-political-influence-operations.pdf\">Countering the Chinese Government and Communist Party\u2019s Political Influence Operations<\/a>\u201d&nbsp;Act, which requires the Secretary of State to compile a report on Chinese disinformation and economic coercion against U.S. targets.<\/p>\n<p>He and Senator John Barrasso (R-WY) <a href=\"https:\/\/www.rubio.senate.gov\/public\/index.cfm\/press-releases?ID=AA44DFA2-4BA8-458C-9384-D42047A99AE9\">introduced<\/a>&nbsp;<a href=\"https:\/\/www.rubio.senate.gov\/public\/_cache\/files\/d6fc928a-2389-4c72-9502-6f83640da658\/18CD609EFF3A5A0219F0DE6B6C96E2D6.barrasso-chinalendingbill.pdf\">legislation<\/a> that would prohibit institutions like the World Bank from lending to projects controlled by Beijing or the CCP.<\/p>\n<p>He and Senator Kevin Cramer (R-ND) introduced the&nbsp;\u201c<a href=\"https:\/\/www.rubio.senate.gov\/public\/_cache\/files\/2fd489d0-dd27-4c0d-a48f-482bcd68633d\/E3C3E4DC071DD980E4C243EA9B371800.gifts-in-higher-education-act.pdf\">Greater Insight into Foreign Transactions (GIFTs) in Higher Education<\/a>\u201d Act&nbsp;to tighten disclosure requirements of gifts from designated foreign adversaries, <a href=\"https:\/\/www.rubio.senate.gov\/public\/index.cfm\/press-releases?ID=D318EA71-B7AA-4AFD-BE9C-14C7B0FFF971\">including<\/a> the Chinese Communist Party, to American colleges and universities.<\/p>\n<p>And Rubio and Senator Dianne Feinstein (D-CA) <a href=\"https:\/\/www.rubio.senate.gov\/public\/index.cfm\/2021\/8\/rubio-feinstein-introduce-the-sanction-and-stop-ransomware-act\">introduced<\/a> the \u201cSanction and Stop Ransomware\u201d Act last Thursday, responding to both Russia- and Chinese-based cyberattacks on vital U.S. infrastructure and sensitive information.<\/p>\n<p>To the extent that the legacy media have covered Rubio\u2019s campaign against totalitarian Chinese communism, they have followed the familiar \u201cRepublicans pounce\u201d model. \u201cMarco Rubio pouncing on anti-China sentiment in Senate race,\u201d <a href=\"https:\/\/www.yahoo.com\/entertainment\/marco-rubio-pouncing-anti-china-004202534.html\">wrote<\/a> the left-leaning news service Axios in June. (Axios subsequently <a href=\"https:\/\/www.google.com\/search?client=safari&amp;rls=en&amp;q=marco+rubio+china+axios&amp;ie=UTF-8&amp;oe=UTF-8\">changed<\/a> the <a href=\"https:\/\/www.axios.com\/rubios-anti-china-voters-senate-race-florida-7f6539ab-86b8-4d08-a423-0a26598863ea.html\">headline<\/a> to \u201cRubio\u2019s play for anti-China vote.\u201d)<\/p>\n<p>Rubio did garner some reaction from a cable news host on the day of the hearings, as MSNBC host Chris Hayes <a href=\"https:\/\/twitter.com\/chrislhayes\/status\/1422988652070715393?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1422988652070715393%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.foxnews.com%2Fmedia%2Fmsnbcs-chris-hayes-complains-how-rubio-encouraged-vaccines\">criticized<\/a> Rubio for \u201ccowardice and whataboutism\u201d in opposing mask mandates, even as the senator encouraged people to \u201cget vaccinated. That\u2019s the answer.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\" readability=\"8.7062937062937\">\n<p lang=\"en\" dir=\"ltr\">This is a really perfect example of the constant triangulating cowardice and whataboutism that&#8217;s infected the entire party and movement. He can&#8217;t just say &#8220;Hey get vacccinated!&#8221;. Have to find some way to own the libs. <a href=\"https:\/\/t.co\/EicK2cQspQ\">https:\/\/t.co\/EicK2cQspQ<\/a><\/p>\n<p>\u2014 Chris Hayes (@chrislhayes) <a href=\"https:\/\/twitter.com\/chrislhayes\/status\/1422988652070715393?ref_src=twsrc%5Etfw\">August 4, 2021<\/a><\/p>\n<\/blockquote>\n<p>That kind of selective outrage and decision to ignore issues of global security enables Beijing\u2019s continued bad behavior, analysts say. \u201cThe Chinese regime will not stop hacking American networks until the costs Washington imposes exceed the enormous benefits of this criminal activity,\u201d <a href=\"https:\/\/thehill.com\/opinion\/cybersecurity\/567318-as-biden-stands-by-chinese-hackers-build-dossiers-on-us-citizens\">wrote<\/a> foreign policy expert Gordon Chang in The Hill this Wednesday. \u201cAmericans should be mad at Beijing \u2014 and at the people they elected to protect them but who have decided not to do so.\u201d<\/p>\n<p>You can watch the <a href=\"https:\/\/www.youtube.com\/watch?v=A3cqushpoIY\">full, two-hour hearing<\/a> below:<\/p>\n<p>\n<iframe loading=\"lazy\" title=\"Senate Intelligence Committee hearing on threats to U.S. national security from China\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/A3cqushpoIY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/p>\n<p><em>The views expressed in this piece are the author\u2019s own and do not necessarily represent those of The Daily Wire<\/em>.<\/p>\n<p><em>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a&nbsp;<\/em><a href=\"https:\/\/www.dailywire.com\/subscribe\"><em>member<\/em><\/a><em>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the media frequently obsesses over the redistribution of wealth, they have ignored the Chinese government\u2019s theft of U.S. technology, which has created \u201cthe biggest illegal wealth transfer\u201d in world &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-633851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/633851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=633851"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/633851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=633851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=633851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=633851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}