Friday, November 1, 2024
HomeCHINA'S STRIKES AGAINST THE USAA US Chinese national has stolen US trade secrets to deliver them...

A US Chinese national has stolen US trade secrets to deliver them to China and US Citizens Are Buying Millions of Chinese Products!  Americans! Stop Buying Chinese Products!

The Justice Department said in a statement on Thursday, January 6th, that a Chinese person pled guilty in a US court to stealing trade secrets from Monsanto agriculture giant for the benefit of Beijing.
“According to court documents, Xiang conspired to steal a trade secret from Monsanto, an international company based in St. Louis, for the purpose of benefitting a foreign government, namely the People’s Republic of China.”

As  Xiang waited to board a trip to China, federal officials searched him at a US airport in June 2017 and discovered copies of a Monsanto proprietary algorithm, which is considered a trade secret and intellectual property.
Xiang faces up to 15 years in prison and a potential 5 million US dollars fine.

RELATED ARTICLES

Most Popular

Recent Comments