Review Category : News

Washington, DC. Nov 1, 2018. The Justice Department unveiled a broad new initiative to combat what it says is mounting criminal economic activity by China, announcing the plan as U.S. officials unsealed charges against several individuals and Chinese and Taiwanese companies for trade-secret theft.

The Justice department announced charges against economic espionage on behalf of the Chinese government in the fields of semiconductors (theft from Micron Technology), commercial jet aircraft engines (GE Aviation),

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BEIJING/WASHINGTON — Dec 7, 2018. The arrest in Canada of Meng Wanzhou, chief financial officer of Chinese telecommunications equipment maker Huawei Technologies, on the very day that the presidents of the U.S. and China dined together augurs rough seas ahead for the Sino-American trade talks.

The arrest disrupts the conciliatory mood thought to have been created last week at the dinner between U.S. President Donald Trump and Chinese President Xi Jinping. High-tech has immediately been thrust to the forefront of the 90-day trade negotiations.

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Dec 6. A top executive and daughter of the founder of the Chinese tech giant Huawei was arrested on Saturday in Canada at the request of the United States, in a move likely to escalate tensions between the two countries at a delicate moment.

“She is sought for extradition by the United States, and a bail hearing has been set for Friday,” Justice Department spokesman Ian McLeod said in a statement to The Globe and Mail on Wednesday. “As there is a publication ban in effect, we cannot provide any further detail at this time. The ban was sought by Ms. Meng.”

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