On April 11, Forward Defense nonresident senior fellow Nicholas Eftimiades was quoted in a Newsweek article titled “Fraud lawsuit raises questions about Chinese activities in U.S. Fintech and SPACs.” Eftimiades explains that China uses economic espionage and warfare to gain influence over the US commercial sector.
U.S. industries along with federal law enforcement and counterintelligence organizations lack the expertise and resources to counter this large-scale offensive [Chinese espionage].
Nicholas Eftimiades
Forward Defense leads the Atlantic Council’s US and global defense programming, developing actionable recommendations for the United States and its allies and partners to compete, innovate, and navigate the rapidly evolving character of warfare. Through its work on US defense policy and force design, the military applications of advanced technology, space security, strategic deterrence, and defense industrial revitalization, it informs the strategies, policies, and capabilities that the United States will need to deter, and, if necessary, prevail in major-power conflict.
