US charges China-controlled company in trade secrets theft

 

November 2, 2018



LOS ANGELES (AP) — The United States has charged a government-controlled company in China with stealing trade secrets from an American semiconductor company, the Justice Department said Thursday as it outlined an initiative focused on what officials said was the growing threat of Chinese economic espionage.

The prosecution comes amid heightened trade tensions between China and the U.S. and as the Trump administration raises alarms that Beijing remains intent on stealing technology and inventions to gain an economic upper hand. The two nations have each imposed billions of dollars in tariffs on...



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