Congressman Green to China: 'Stop stealing our stuff'

August 11, 2019

China’s IP theft has cost the GDP in the United States something upwards of $600 billion a year. Our GDP is what allows us to build the military, what allows us to protect ourselves. For example, Motorola in 1997 had 80 percent of the cell towers in the world and networks to run those cell towers, 80 percent market share, and they were a $17 billion company. Then they did a deal with Huawei. Huawei stole their technology, turned around, and sold it subsidized to the Chinese government. In 2011, that $17 billion in 1997 was sold to Nokia for $900 million. That’s 50,000 jobs in America gone, billions of dollars off our GDP.