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U.S. Charges Chinese Company With Theft Of Industrial Secrets

U.S. prosecutors have accused the Chinese company Pangang Group with conspiracy to commit economic espionage and other charges including plotting to steal industrial trade secrets.

An indictment unsealed on February 8 alleged that Pangang, a state-owned steel manufacturer, worked with a California businessman and others to obtain several valuable trade secrets from DuPont.

Three other subsidiaries of Pangang were also indicted.

Compiled from agency reports

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