China Tried to Steal Secret of Titanium Dioxide

Mar 9, 2012 Spies aren’t just after government secrets these days: An indictment unsealed last month spotlights US efforts to crack down on corporate spying. The government has filed criminal espionage charges against a China-owned firm, saying Pangang Group was after DuPont chemical secrets—specifically, its efficient method for producing the white pigment titanium dioxide, the Wall Street Journal reports. It’s the first time such charges have been lodged against a state-owned foreign firm, the Justice Department says, as federal agents crack down on foreign governments’ attempts to pilfer US intellectual property.

A couple living in California has been charged with trying to steal and sell secrets about the 50-year-old DuPont technology to Pangang, and the Journal relates how the Liews were busted: After DuPont filed a civil suit against them last year, the FBI got a search warrant for their home. While there, it found a safe deposit box key—and an agent who speaks Mandarin overheard Walter Liew tell his wife in Chinese to say that she didn’t know about the bank … which is where she drove right after the agents left. Prosecutors say the couple’s box housed documents related to the plot. China says accusations that the state-owned company asked businessmen to obtain DuPont trade secrets are “groundless.” But “what we’ve learned since the end of the Cold War is that when it comes to the economy, our adversaries and even our allies will spy on us when it’s in their economic interest,” says an FBI director.Source

Advertisements

About irmedeaca


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Well Balanced Blog

Take Control of Your Own Health!

Έγκλημα και Τιμωρία/Crime and Punishment/Crime et Châtiment/Delitto e castigo/Преступление и наказание

CRIME DOES NOT PAY... PLUS, THE BUTLER DID IT! AND REMEMBER: WHAT DOESN'T KILL YOU, WILL -MOST LIKELY- TRY AGAIN... AND DON'T FORGET: TODAY IS A GOOD DAY FOR SOMEONE ELSE TO DIE.

BanTheBBC Blog

A constant reminder that life would be so much better without the BBC's TV Licence Gestapo

Healthy At Any Age

Welcome to June Rousso's Blog !

iGlinavos

Thoughts of a recovering leftist

Scottish Gaelic

Word a Day

NEO INKA - ΣΕ ΠΡΟΣΤΑΤΕΥΕΙ, ΔΥΝΑΜΩΣΕ ΤΟ!!!

ΓΙΝΕ Ο ΕΠΟΜΕΝΟΣ ΚΡΙΚΟΣ ΣΤΟ ΔΙΚΤΥΟ.

Talk of the Tail

"Tails" from pets searching for their forever home.

ultimatemindsettoday

A great WordPress.com site

Are You Finished Yet?

Alea Jacta Est

Watts Up With That?

The world's most viewed site on global warming and climate change

Levi Quackenboss

Putting the boss in quack.

KXAN.com

Austin News & Weather - Austin Texas, Round Rock, TX

Unstrange Mind

Remapping My World

psychinfo.gr

ΛΙΝΑ ΨΟΥΝΗ • psouni@gmail.com • www.psychinfo.gr

Wee Ginger Dug

Biting the hand of Project Fear

QuitTrain®

Quit Smoking & Take Your Freedom Back!

%d bloggers like this: