Memo to American Startups: China Wants Your IP (And Here’s a Way to Stop It)

Expert Interviews — The competition between China and the United States for technological hegemony is becoming more intense by the day. This week the United States added five Chinese tech giants to a list of Chinese companies accused of aiding the Chinese military. The Pentagon maintains the list of companies as part of a campaign to counter China’s military developments prompted by Beijing’s military-civilian fusion strategy and use of dual-use technologies.

Password Overview I recently spoke with Michael Casey, director of the National Counterintelligence and Security Center (NCSC), about specific aspects of the technology race with China. In other words, there is a trend of Chinese venture capitalists and investors backing American startups in emerging technologies and then reclaiming their intellectual property. We went to China and looked for competitors. This is a unique approach China is using to stay ahead, officials believe.