Bombshell study finds $200 billion of secret loans to U.S. businesses over 25 years
For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But a new report reveals an ironic twist: The United States is the biggest recipient of all — by far. And the security and technology implications have yet to be fully understood.
More alarming, much of the lending was to help Chinese companies buy stakes in U.S. businesses, many tied to critical technology and national security, including a robotics maker, a semiconductor company and a biotech firm.
AHA! The question in my mind is:"Has the recent Chinese technology breakthroughs been based on domestic brainpower or theft from industrial espionage???