China is aggressively seeking to dominate the Internet of Things and plans to use access to billions of networked electronic devices for intelligence-gathering, sabotage, and business purposes, according to a forthcoming congressional report.
China for nearly a decade has been investing heavily in the emerging technology on the Internet of Things (IoT) and has made outpacing similar U.S. efforts one of the ruling Communist Party of China’s highest strategic goals.
“China’s unique approach to the development of IoT and its enabling infrastructure poses significant challenges for U.S. economic and national security interests,” says a report by the U.S.-China Economic and Security Review Commission due out Thursday.
“The highest echelons of the Chinese regime view IoT development and deployment as critical matters of China’s economic competitiveness and national security.”
FOLLOW THE LINK FOR THE FULL REPORT – JR