U.S.: 3 Chinese companies stole from American companies Officials have identified three government-owned Chinese companies alleged to have benefited from commercial espionage conducted against companies in the United States, according to a published report.
According to officials familiar with the 2014 indictments of five People's Liberation Army officers, the U.S. has accused Chinalco, Baosteel and SNPTC of stealing commercial secrets, the report said. The Chinese companies respectively produce aluminum, steel and nuclear power. All are owned by the government.
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September 14, 2015 | 4:50 pm
Baosteel and Chinalco denied the allegations, while SNPTC could not be immediately reached, according to the Financial Times. Sanctions could be particularly tough for Baosteel, which exports millions of tons of steel monthly.
Some of the Western companies named as victims include Alcoa, Allegheny Technologies, SolarWorld, U.S. Steel and Westinghouse Electric.
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Perpetrators of hacking for commercial espionage are nearly always traced to China, and the country's Army has some of the most sophisticated cyber capabilities in the world. As a result, the U.S. has struggled to determine an appropriate response to the cyberattacks that have benefited the country's state-owned industries.
After officials floated imposing sanctions on guilty Chinese companies, President Xi Jinping reached an informal agreement with President Obama that he would seek an end to commercial espionage. The fact that officials have leaked the identity of companies they believe to be responsible could indicate the U.S. will impose sanctions as a warning to companies that would engage in the practice in the future.
Asked Friday whether the U.S. had seen signs that China was abiding by the agreement, the deputy commander of U.S. Cyber Command, Lt. Gen. Kevin McLaughlin, said he couldn't provide a definitive answer. "I think any changes you're going to see as a result of the agreement … they'll play out over a longer period of time. I think it's too early for any of us to see any of those changes," he said at an event sponsored by the Center for Strategic and International Studies.
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October 1, 2015 | 5:05 pm
Others have been more pessimistic. Asked during a session of the Senate Intelligence Committee if he believed the Chinese would abide by the agreement, Director of National Intelligence James Clapper replied simply, "No."
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