![]() ![]() Chao, who worked at DuPont for 36 years, gave trade secrets on titanium dioxide manufacturing to Pangang Group, a Chinese government-controlled company that also produces the chemical compound.Īccording to Chao’s plea agreement, the Chinese government had made acquiring the technology a priority and wanted it from western companies.Ĭhao’s case occurred less than two years after another DuPont employee pleaded guilty to theft of trade secrets. In March, former DuPont employee, Tze Chao pleaded guilty to conspiracy to commit economic espionage. We take a firm stance on continuously playing an active role in international cooperation.” “In 2010, we joined hands with Microsoft to crack down on the botnet, Waledac, and in 2011, after successfully taking down Waledac, we effectively cracked down on the botnet, Rustock. ![]() “We actively promote the resolutions to attacks that threaten cross border Internet security,” Lei went on to say. Lei said that China too is a victim of cyber-theft attacks and point to his country’s efforts to stop them anywhere they happen. companies is not only unprofessional but also irresponsible,” says China’s Foreign Ministry spokesman Hong Lei when asked about the accusations in a television interview with CNBC. “Without adequate investigation and without further evidence, accusing China of carrying out cyber-attacks against U.S. companies from cyber economic espionage.įor its part, China denies the charges and calls them reckless. He sponsored the Cyber Intelligence Sharing and Protection Act(CISPA) bill, which is designed to protect U.S. It's a very large number and so it's clearly a nation state policy to be this aggressive,” Rep. “The number of prosecutions by the FBI of economic espionage cases tied back to China is on the rise. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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