Cyber

China allows spies to plunder companies

“A CHINESE state-owned company wants a better process to make titanium dioxide, used in paint, so it paid spies to steal it from industry giant DuPont.
American prosecutors say Pangang Group aimed high. The Chinese state-owned company wanted a better process to make titanium dioxide, a white pigment used in paint, toothpaste and Oreo cookie filling. So it paid spies to steal it from industry giant DuPont.

Pangang Group was indicted last year on US charges of industrial spying and a retired DuPont scientist pleaded guilty to selling secrets.”

Source: China allows spies to plunder companies | News.com.au

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