Report Shows How Top U.S. Companies Endanger The World By Transferring Tech To ChinaA new report reveals how U.S. companies’ Faustian bargain with the Chinese Communist Party has endangered all of us.
By Helen Raleigh
February 08, 2022
Communist China kicked off the Beijing Winter Olympics on Friday, giving the Chinese Communist Party a center stage to broadcast its propaganda to a worldwide audience for two weeks. What will be hard to miss at the Olympics are the logos of some of our nation’s best-known companies, which remind us of their shameless kowtowing to Beijing for the sake of their bottom line.
A new, comprehensive report by the Victims of Communism Memorial Foundation, titled “Corporate Complicity Scorecard,” reveals what these companies have traded away and how much their Faustian bargain with the CCP has endangered all of us.
The report, produced jointly by VOC and Horizon Advisory, evaluates eight well-known American corporations — Amazon, Apple, Dell, Facebook, GE, Google, Intel, and Microsoft. It presents “broad-ranging assessments of the nature of American corporations’ involvement in China” based on a set of indicators, including compliance with Chinese data regimes and supply chain exposure to forced labor risk. The report assigns a letter grade between A to F to the companies, with Facebook and Google receiving the highest score of “B,” while GE, Intel, and Microsoft got the lowest score of “F.”
According to the VOC report, these American companies’ complicity endangers everyone else for several reasons. It exposes U.S. industrial supply chains to China’s forced labor and other human rights atrocities. It empowers a strategic competitor while hollowing out U.S. industrial capacity. It also makes U.S. industry a conduit for the Chinese government’s vast information collection (i.e., surveillance programs). Lastly, it makes U.S. industry a channel for Chinese influence and propaganda abroad.
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Source:
https://thefederalist.com/2022/02/08/report-shows-how-top-u-s-companies-endanger-the-world-by-transferring-tech-to-china/