Inside the Chinese Boom in Corporate Espionage - Businessweek "In November, 14 U.S. intelligence agencies issued a report describing a far-reaching industrial espionage campaign by Chinese spy agencies. This campaign has been in the works for years and targets a swath of industries: biotechnology, telecommunications, and nanotechnology, as well as clean energy. One U.S. metallurgical company lost technology to Chinas hackers that cost $1 billion and 20 years to develop, U.S. officials said last year. An Apple (AAPL) global supply manager pled guilty in 2011 to funneling designs and pricing information to China and other countries; a Ford Motor (F) engineer was sentenced to six years in prison in 2010 for trying to smuggle 4,000 documents, including design specs, to China. Earlier this month, the National Aeronautics and Space Administration told Congress that China-based hackers had gained access to sensitive files stored on computers at the Jet Propulsion Laboratory. As the toll adds up, political leaders and intelligence officials in the U.S. and Europe are coming to a disturbing conclusion. Its the greatest transfer of wealth in history, General Keith Alexander, director of the National Security Agency, said at a security conference at New Yorks Fordham University in January." The question for me is; how deeply are the government intelligence and other agencies involved?