Sen. Joni Ernst, R-Iowa, told Newsmax that Chinese operatives are using a business loophole to gain access to U.S. technology.
Ernst told Newsline on Thursday that China found a way to “force technology transfer” to circumvent U.S. controls. She said some of those methods were reviewed during a Senate committee hearing Wednesday when two government small business programs were highlighted as being targeted by the Chinese, “our small business innovation research and technology transfer programs.”
She said the methods employed by the Chinese are really quite simple. “They can invest in small businesses in the United States. They can force technology transfer with their ownership of some of these small businesses or parts of small businesses.”
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