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The John Batchelor Show

S8 Ep596: 3. Guest David Shed details China’s global campaign of economic espionage and secret-stealing. Using Brazilian food delivery as a case study, he explains how the PRC leverages data and predatory acquisitions to dominate international markets. (3)

The John Batchelor Show

John Batchelor

News, Society & Culture, Books, Arts

4.52.8K Ratings

🗓️ 18 March 2026

⏱️ 14 minutes

🧾️ Download transcript

Summary

3. Guest David Shed details China’s global campaign of economic espionage and secret-stealing. Using Brazilian food delivery as a case study, he explains how the PRC leverages data and predatory acquisitions to dominate international markets. (3)
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Transcript

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0:00.0

I'm John Batchler. I welcome my colleague and friend. That is, MacArthur, American

0:20.1

Greatness, and we turn to China

0:22.7

and the People's Republic of China's practices of industrial and state theft of secrets.

0:32.4

In a new book, I learned The Great Heist by David Shed and Andrew Badger.

0:39.0

This is a campaign that the Chinese have perfected over many decades.

0:43.9

They're directed at any organization or person.

0:47.4

They want to either dominate or learn from.

0:52.6

The subtitle tells the tale. China's epic campaign to steal America's secrets.

0:59.0

We welcome David Shed, because we're on the eve of a postponement of a conversation between the

1:04.4

President of the United States and the leader of the People's Republic of China, Xi Jinping.

1:10.1

And we can assume that industrial theft,

1:13.9

commercial theft, theft in general, will be part of the discussion and has been leading up

1:19.7

to this meeting of the two. I welcome David to comment on this, not only because we're talking

1:26.3

generally about secrets, you know, how do you

1:28.1

build a better drone, but we're talking about money, follow the money. And there's this

1:34.3

headline in the Financial Times these last days that I brought to the attention of David

1:39.8

and Thaddeus. Spies and Subsidies. China joins Brazil's 20 billion delivery app war, subhead,

1:47.8

local carrier group I-food, and China-backed Kita trade claims of corporate espionage

1:54.6

and underhand tactics. What does that look like? At a franchise office and vendor 20 people or eight or nine or 10 or 20 people

2:06.2

showed up suddenly claiming to be from the corporate headquarters and buzzed around asking

2:10.8

secrets about how many customers you serve what the days like who who are your best delivery

2:16.5

man this is the fast food call up,

...

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