Beijing says U.S. spying charges against Chinese citizen ‘pure fabrication’ By Reuters

© Reuters. FILE PHOTO: Chinese Foreign Ministry spokesman Wang Wenbin attends a news conference in Beijing, China December 14, 2020. REUTERS/Thomas Peter

SHANGHAI (Reuters) – China on Monday labelled the charges against a Chinese citizen convicted in the United States of stealing trade secrets as “pure fabrication”.

The U.S. Justice Department said on Friday that Xu Yanjun had been convicted by a federal jury of plotting to steal trade secrets from several U.S. aviation and aerospace companies.

“The allegation is pure fabrication,” Chinese Foreign Ministry spokesperson Wang Wenbin told reporters in Beijing.

“We demand that the U.S. handle the case according to the law and in a just manner to ensure the rights and interests of the Chinese citizen.”

Xu was convicted of two counts of conspiring and attempting to commit economic espionage, in addition to a count of conspiracy to commit trade secret theft and two counts of attempted theft of trade secrets.

Xu faces a maximum 60 years in prison and fines totalling more than $5 million, according to a press release. He will be sentenced by a federal district court judge.

Going back as far as 2013, Xu was accused of using multiple aliases to carry out economic espionage and steal trade secrets on behalf of China. Multiple U.S. aviation and aerospace companies, including GE Aviation, a unit of General Electric (NYSE:) Co, were his targets, the release said.

(This story refiles to reinsert dropped word from headline)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function()
{n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘751110881643258’);
fbq(‘track’, ‘PageView’);

by : Reuters

Source link

Capital Media

Read Previous

Oil gains after U.S. infrastructure bill passes, Chinese exports rise By Reuters

Read Next

le régulateur télécoms annonce la mise en vente du spectre de fréquence pour la 5G le 13 décembre