U.S. officials tell The Wall Street Journal that the Chinese regime will pay billions of dollars for a station that intercepts communications.

China could intercept a wide range of communications, including emails, phone calls and satellite transmissions. The National Security Council's coordinator for Strategic Communications, John Kirby, said in an interview on MSNBC that the report is "not accurate" The news comes as the United States tries to improve diplomatic relations with China after months of tensions over the Chinese spy balloon intercepted in February.