Earlier quoted context omitted.
Stealing IP mostly helps manufacturing, It doesn't really help innovation. If they want to build up their semiconductor industry they need to steal the people who are creating IP, which is kinda the opposite of what is happening. the culture that creates new tech is something that china can't steal and it can't replicate it without giving up authoritarian rule.
People write this glibly without understanding history. Soviet Russia made great leaps in science and technology where it was a national priority. You can have academic freedom in most scientific disciplines without the political freedom to criticize the government.
Yes, we sent rockets to the moon, but an average Ivan couldn't have proper plumbing in his apartment.
Those great leaps were made in things without real life value.
P.R. China on other hand, can't be bothered with "prestige project." The only thing that can bother a government official here is money. And money undoubtedly have value in everyday life... unlike moon rovers.