Wednesday, October 04, 2006, 10/04/2006 07:39:00 AM

Spying in the Valley -- Updates on Alleged Chinese Economic Espionage

From The Argus in Fremont, California, more on a trial upcoming next year concerning alleged Chinese government economic espionage. The case involves stolen blueprints from Sun Microsystems, Transmeta, NEC and Trident. According to the article, investigators say the two defendants "planned to start a joint venture with the Chinese city of Hangzhou, and were to receive funding from Hangzhou and a central government program." The FBI nabbed the two with a suitcase full of trade secrets.

The Contra Costa Times, also from California, reports on another spate of Chinese economic espionage matters. The article says "the culprits may be government-backed research institutions, state-owned enterprises or individual provincial governments" and "China's central government runs a program linked to its military, dubbed 863, that invests in companies with innovative technologies and that the FBI suspects is involved in many economic espionage cases."

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