Thursday, July 16, 2020

POLITICS_ Barr warns of Chinese efforts to dominate industries, calls out Hollywood, tech giants for caving to pressure

FOX NEWS

China
Published 3 hours ago

Barr warns of Chinese efforts to dominate industries, calls out Hollywood, tech giants for caving to pressure

The attorney general accused China of using nefarious means to seek global superiority

By Ronn Blitzer | Fox News




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Attorney General Bill Barr delivered a dire warning to the U.S. and the world on Thursday regarding what he said could be “the most important issue for our nation and the world in the 21st century”: the Chinese Communist Party’s global ambitions.

Discussing sectors, including the technology, pharmaceutical, and entertainment industries, Barr described how the Chinese government is “engaged in an economic blitzkrieg” aimed at dominating the global economy and replacing the U.S. as the world’s top superpower.


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“The CCP has launched an orchestrated campaign, across all of its many tentacles in Chinese government and society, to exploit the openness of our institutions in order to destroy them,” Barr said during an address at the Gerald R. Ford Presidential Museum.

To achieve their goals, Barr said, the People’s Republic of China (PRC) is utilizing “a wide array of predatory and often unlawful tactics” that include currency manipulation, theft of intellectual property, cyberattacks and espionage.

Barr said that the Chinese Communist Party’s “Made in China 2025” initiative “poses a real threat to U.S. technological leadership,” as China seeks to dominate a number of high-tech industries.

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READ MORE: https://www.foxnews.com/politics/barr-warns-of-chinese-efforts-to-dominate-industries-calls-out-hollywood-tech-giants-for-caving-to-pressure



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