Yeah.
DAVID:
BREAKING NEWS, THE JUSTICE DEPAR
ANNOUNCING MOMENTS AGO THAT A
CHINESE BUSINESSMAN RESIDING IN
HONG KONG HAS BEEN INDICTED FOR
CONSPIRING TO STEAL TRADE
SECRETS FROM GENERAL ELECTRIC.
ACCORDING TO THE INDICTMENT, HE
HAD BEEN CON CONSPIRING WITH A
GE ENGINEER FOR MORE THAN SEVEN
YEARS FOCUSING ON STEAL THING
TRADE SECRETS RELATED TO SILICON
CARBIDE TECHNOLOGY.
THAT IS THE CHARGE.
MEANWHILE, A NEW REPORT SHOWING
THAT CHINA IS LEADING THE GLOBAL
ECONOMIC RECOVERY FROM THE
PANDEMIC.
HSBC THIS WEEK FORECASTS CHINA’S
ECONOMY TO GROW 8.5% THIS YEAR.
SO HOW CAN THE U.S. STEVE OFF
ECONOMIC AND MILITARY -- STAVE
OFF ECONOMIC AND MILITARY
THREATS FROM CHINA?
KT McFARLAND IS AUTHOR OF
"REVOLUTION: TRUMP, WASHINGTON
AND WE THE PEOPLE."
KT, THANKS FOR JOINING US.
PRESIDENT BIDEN SEEMS TO BE
CONFUSED ABOUT WHETHER OR NOT
CHINA’S GOING TO EAT OUR LUNCH.
WHAT DO YOU THINK?
>> OH, I THINK THEY PLAN TO EAT
OUR BREAKFAST, LUNCH AND DINNER
AND MAKE US PAY FOR IT.
YOU KNOW, I’VE GOT TO GIVE
PRESIDENT TRUMP FULL CREDIT.
HE IS THE FIRST AMERICAN LEADER,
PRESIDENT REPUBLICAN OR
DEMOCRAT, WHO UNDERSTOOD THE
THREAT, THE STRATEGIC THREAT
THAT CHINA POSES.
AND THE FIRST PERSON WHO STOOD
UP TO SAY WE’RE GOING TO DO
SOMETHING ABOUT IT.
WE’RE GOING TO DEAL WITH THEIR
INTELLECTUAL PROPERTY THEFT,
WITH THEIR SPYING, WITH THE FACT
THAT THEY PENETRATED OUR
CRITICAL INFRASTRUCTURE, AND I
NOW WORRY THAT NEW PRESIDENT
BIDEN IS GOING TO REVERSE ALL OF
THOSE GAINS.
AND THE CHINESE, WHO HAVE
PLANNED 20 YEARS FROM NOW TO BE
THE DOMINANT WORLD POWER, THEY
THINK THEY’RE GOING TO GET THERE
WITHIN THE DECADE.
DAVID: WELL, YOU HEARD ABOUT
THIS ARREST IN I BELIEVE IT WAS
IN HONG KONG OR AT LEAST IT’S AN
INDICTMENT.
I DON’T KNOW IF THEY’VE ACTUALLY
ARRESTED THE GUY.
BUT WAS THAT AN INVESTIGATION
BEGAN UNDER YOUR WATCH?
>> SURE.
I MEAN, IT’S NOT JUST THIS,
THERE ARE A WHOLE NUMBER OF
INVESTIGATIONS, THERE’S THE FBI
CONDUCTING AGAINST CHINESE
SPIES.
AND IT’S NOT JUST CHINESE SPY
WAS THE GUY WHO WAS TRYING TO
STEAL SECRETS FROM GENERAL
ELECTRIC, THERE’S THROUGHOUT THE
EDUCATIONAL SYSTEM, THE
CONFUCIUS INSTITUTES, FOR
EXAMPLE.
THEY’VE PENETRATED AMERICAN
CORPORATIONS, AND THEY’VE SORT
OF INSINUATED THEMSELVES INTO
THE AMERICAN SUPPLY CHAIN.
AND, YOU KNOW, THIS IS ONLY
GOING TO GET WORSE.
IF WE DON’T STAND UP TO CHINA,
IF WE DON’T DOING SOMETHING
ABOUT THEIR TECH LOGICAL
THEFT -- TECHNOLOGICAL THEFT
THEN THE FUTURE DOESN’T BELONG
TO US.
THE FORMER DEPUTYIER -- DEPUTY
DIRECTOR OF NATIONAL
INTELLIGENCE SAID THE CHINESE
STEAL $600 BILLION WORTH OF U.S.
TECHNOLOGY AND THAT COSTS THE
AVERAGE AMERICAN FAMILY
$4-6,000.
AND THAT’S ON OUR BACK.
I REALLY HOPE THE BIDEN
ADMINISTRATION GETS SMART, BUT
I’M NOT SO SURE THEY SEE IT AS
THE THREAT THAT THE REST OF US
DO. DAVID:,KT O O O O T ONGHENGHENGO
DAVID:,KT O O O O T ONGHENGHENGO
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ALLOWED TO INVEST IN CHINESE
MILITARY, AND WHAT DID PRESIDENT
BIDEN DO?
HE UNDID IT ALL.
SO, GLEN, WOBBLY-KNEED?
YEAH, I THINK ABSOLUTELY, DAVE.
DAVID: WELL, I CAN TELL YOU’RE
HAVING A GOOD TIME DOWN IN
ORLANDO FOR THE WEATHER AS WELL
AS FOR ALL YOUR CONSERVATIVE
FRIENDS DOWN THERE.
KT, THANK YOU FOR TAKING TIME
OUT TO TALK TO US.