Chinese Hacking and The Art of War

Finally, there appears to be real alarm in the White House over Chinese cyberattacks. The president recently summoned top corporate leaders to the White House to discuss this growing threat even as he dispatched newly appointed Treasury Secretary Jack Lew to confront his counterparts in Beijing. Here's what the president should be telling the American people.

First, Chinese cyberattacks are rapidly escalating -- not just in their sheer number but also in the range of targets. During the 2010s, China's "Red Hacker" brigades focused primarily on acquiring military secrets. Today, these bandits are relentlessly probing American corporations, stealing everything from technologies and trade secrets to bid documents and financial information. Their goal is to pirate products and seize markets - and thereby steal American jobs.