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We told you about concerns China has used hackers to steal plans for dozens of American defense systems which leads to the question.
Are we already in a cyber war.
Chief intelligence correspondent Catherine Herridge -- tonight -- didn't happen.
Well thank you read the report by two former members of the Obama administration includes the China -- 300 billion dollars worth of American ideas as -- -- research and development every year.
The losses are comparable to the annual level of total US exports to Asia.
The private commission headed by the nation's former intelligence chief Dennis Blair and former presidential candidate and -- China Jon Huntsman.
Finds that American companies must have more options to guard against cyber theft quote.
If counterattacks against attackers were legal.
There are many techniques that companies could employ that would cause severe damage to the capability of those conducting -- your intellectual property theft.
We'll stopping short of endorsing the hacking that concept the report's authors argue it may be inevitable unless the US adopts a more aggressive and comprehensive strategy.
In April this high rise in suburban Shanghai was identified as a Chinese military cyber espionage headquarters.
You're gonna have private companies that are gonna figure out how they can punch back and you're gonna wind up with a private cyber war of sorts.
Which doesn't get us -- Where we need to be that would actually be a pretty bad outcome.
With national security advisor Tom Donnelly concluding his Beijing trip Tuesday we may be -- -- for the president's California summit with China's president in early June.
The White House chose its words carefully.
What we have been seeking from China -- -- -- to investigate our concerns and to start a dialogue with us on cyber issues but I want to reiterate inferred from the president's hand and from senior members.
This national security team that this is a very high priority.
The report estimates that two point one million US jobs have been lost as a result of China's organized and state sponsored theft of American ideas -- Catherine thank you.
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