> Intellectual property done right puts bread on the table of many researchers and engineers
The same can be said for any number of things; just because you can make money doing it does not mean it is defensible to do it simply because of that reason. It is a non-argument.
> and is arguably a protection agains't direct Chinese theft.
That is called begging the question. If intellectual property did not exist, “theft” would not be theft, and nobody would create a business which would depend on it existing.