The initiative is led by Assistant Attorney for National Security John Demers. He said, “China wants the fruits of America’s brainpower to harvest the seeds of its planned economic dominance. Preventing this from happening will take all of us, here at the Justice Department, across the U.S. government, and within the private sector.With the Attorney General’s initiative, we will confront China’s malign behaviors and encourage them to conduct themselves as they aspire to be: one of the world’s leading nations.”
FBI Director Christopher Wray said, "No country presents a broader, more severe threat to our ideas, our innovation, and our economic security than China. The Chinese government is determined to acquire American technology, and they’re willing use a variety of means to do that –from foreign investments, corporate acquisitions, and cyber intrusions to obtaining the services of current or former company employees to get inside information. If China acquires an American company's most important technology –the very technology that makes it the leader in a field –that company will suffer severe losses, and our national security could even be impacted. We are committed to continuing to work closely with our federal, state, local, and private sector partners to counter this threat from China."
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