Analysis

Media Ignore ‘Biggest Illegal Wealth Transfer…In The History Of Mankind,’ From U.S. To China

Ben Johnson
Media Ignore ‘Biggest Illegal Wealth Transfer…In The History Of Mankind,’ From U.S. To China
Chan Long Hei/SOPA Images/LightRocket via Getty Images

While the media frequently obsesses over the redistribution of wealth, they have ignored the Chinese government’s theft of U.S. technology, which has created “the biggest illegal wealth transfer” 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.

“China is stealing between $300 and $600 billion a year of American technology and intellectual property,” said Senator Marco Rubio (R-FL), the committee’s vice chairman, who added:

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