Fast Ascent Xiaomi is led by Lei Jun, who co-founded the company in 2010.

Autry noted that the United States has used national security threats as grounds for denying markets for Chinese telecommunications companies Huawei and ZTE, citing security risks.

In 2010, the chamber's China lead, Jeremy Waterman, co-author of the report, told the U.S. Trade Commission how the Chinese regime was using indigenous innovation policies, including AML, to transfer foreign technology to Chinese firms. 

For example, Huawei Technologies Sweden AB, a telecommunication equipment manufacturer, sells mobile equipment in Scandinavia, but has become "disruptive new competition for European incumbents and their employees," according to the Rhodium Group report

“It is very difficult to believe it is not a co-ordinated effort by military forces, but perhaps by proxy, just disguising it the best way they can, only accentuates the problem,” he said.