Extra: How China Used Theft To Become A Superpower

China’s theft of American intellectual property and technology — estimated to cost the U.S. roughly $600 billion annually — has allowed Beijing to accelerate its technological and economic rise without making comparable investments. This has helped China go from one of the world's poorest nations to a global superpower in just 50 years. Former Acting Director of the Defense Intelligence Agency David Shedd and former intelligence analyst Andrew Badger explore how China used America’s secrets to transform its economy and military in their new book, The Great Heist: China’s Epic Campaign To Steal America’s Secrets. The two authors recently joined the Rundown’s Jessica Rosenthal to discuss cases involving U.S. companies such as Tesla and Apple losing proprietary technology to Chinese employees, how their thievery has boosted China’s military capabilities, and potential strategies for economically and technologically decoupling from China. They also discuss the possibility of war with China and whether Beijing’s technology could eventually surpass America’s. We often must cut interviews short during the week, but we thought you might like to hear the full conversation. Today on the Fox News Rundown Extra, we share our entire interview with former Acting Director of the Defense Intelligence Agency David Shedd and former intelligence analyst Andrew Badger. Learn more about your ad choices. Visit podcastchoices.com/adchoices