Report: China’s Spying #1 threat to U.S. Tech

Beijing calls report ‘a plot’ and ‘brazen interference'

The greatest threat to American technology is not a terrorist attack, it’s China’s spying. This according to a congressional report due out Wednesday by the U.S.-China Economic and Security Review Commission.

Beijing called the report ‘a plot’ and ‘brazen interference,’ as the rhetoric between the already-strained Sino-American relations heated up even further.

Highlights of the Congressional Report via the AP:

China’s Angry Response:

The report comes on the heels of increasing pressure on congress to narrow the widening trade deficit with China and address the quality of unsafe Chinese imports.

America ran a trade deficit, importing more than we export, of more than $760 billion in 2006. A large part of that deficit- $232 billion to be precise- is due to China’s unfair trade policies and abysmal labor practices.

Addressing these unfair practices is a step forward in ensuring that domestic industries get a fair-shake and that technological supremacy is not lost to Chinese espionage.

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