Chinese playbook to steal trade secrets - News Summed Up

Chinese playbook to steal trade secrets


Still, Chinese officials say they are taking steps to address the concerns.U.S. authorities have long accused Chinese companies and individuals of hacking and other outright theft of corporate secrets. And some in the Trump administration worry that Chinese companies are simply buying it through corporate deals.U.S. Business groups that represent them say Chinese companies use those corporate ties to pressure foreign partners into giving up secrets. Chinese officials already issued rules last month putting in place much of what they promised in Wednesday’s agreement.


Source: Economic Times January 15, 2020 22:07 UTC



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