As China Hacked, U.S. Businesses Turned A Blind Eye

Technology theft and other unfair business practices originating from China are costing the American economy more than $57 billion a year, White House officials believe, and they expect that figure to grow.

Yet an investigation by NPR and the PBS television show Frontline into why three successive administrations failed to stop cyberhacking from China found an unlikely obstacle for the government — the victims themselves.

In dozens of interviews with U.S. government and business representatives, officials involved in commerce with China said hacking and theft were an open secret for almost two decades, allowed to quietly continue because U.S. companies had too much money at stake to make waves.

Wendy Cutler, who was a veteran negotiator at the Office of the U.S. Trade Representative, says it wasn’t just that U.S. businesses were hesitant to come forward in specific cases. She says businesses didn’t want the trade office to take “any strong action.”..Read More..

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