China's theft of U.S. research and innovation is threatening America's economic advantage and putting the communist regime closer to competing with the U.S. on a level playing field, according to Sens. Chris Coons and Thom Tillis.
“Beyond theft, the significant concern for all of us here today should be the CCP overtaking the United States in domestic innovation rather than a current reliance on theft, using past theft to become a competitor head to head,” Mr.American businesses and entrepreneurs feel under duress from foreign threats, according to the U.S. Chamber of Commerce.
Chamber of Commerce Senior Vice President Patrick Kilbride told senators that his team has seen the U.S.-based innovation ecosystem facing numerous threats. “It takes the form of online piracy, counterfeiting, trade secret theft, erosion of legal rights, forced technology transfer, political stigmatization of IP and outright waiver of global IP commitments, creating an environment where American innovation and creativity is vulnerable,” Mr. Kilbride said. “These threats come from every corner of the globe, certainly
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