Well we heard that China has been stealing trade secrets from the U.S. This article talks about how the Chinese President will be going on a tour of a Boeing facility and he will get to see what goes on in an American aircraft factory. Interesting that we are showing him this even though China has already stolen a lot of data from Boeing.
The article continues by discussing what companies will be meeting with the Chinese President. He will be meeting with CEO's from General Motors, Starbucks, and Apple; companies who have been targeted by Chinese corporate spies.
The article then lists more companies that China has stolen from and what they stole: Microsoft, Boeing, and Apple. Google, DuPont, CME, and many more have also been on the China steal list.
What's interesting is that even though China is stealing, American's need China for the revenue. Companies in China are making big money every year. This gives the Chinese President a lot of leverage but this may not be enough. The Obama administration is thinking about sanctions against China because of how much data they have stolen. They are waiting til after the Chinese President's visit to decide what to do.
~Paulina Noga
http://finance.yahoo.com/news/how-xi-jinping-lords-it-over-american-ceos-172955135.html#
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