December 12, 2018

Senate Bill Targets Chinese Economic Espionage

Source: Foreign Policy

Journalist: Elias Groll

A new Senate bill would expand the ability of American prosecutors to go after hackers abroad who attempt to steal trade secrets from U.S. firms, in the latest effort in Washington to crack down on Chinese economic espionage.

Under current law, the U.S. Justice Department is limited in its ability to bring charges of economic espionage against offenders abroad, and may only do so if the suspects are American citizens or permanent residents—or if an act to further the theft was committed in the United States.

Read the full article and more in Foreign Policy.

Author

  • Peter Harrell

    Former Adjunct Senior Fellow, Energy, Economics and Security Program

    Peter Harrell is a former adjunct senior fellow at the Center for a New American Security. He is a leading expert on U.S. economic statecraft, including sanctions, export cont...