A Chinese-born scientist formerly employed by Coca-Cola is now accused of trying to steal trade secrets from companies reportedly working with the beverage giant in order to set up her own rival venture funded in part by China’s government.
China has attacked Washington’s “cold war mentality” after a Pentagon report focused on Beijing’s ambitions in the South China Sea, its plans to open military bases in countries such as Pakistan, and its deployment of rockets able to deliver nuclear warheads to the western Pacific.
U.S. Intelligence agencies continue to warn of Beijing’s spying activities in the U.S. – including commercial espionage and the stealing of intellectual property.
“The Chinese counter-intelligence threat is more...
Chinese courier ZTO Express (ZTO.N) and the underwriters of its New York stock market listing have been sued by a U.S. pension fund that alleges the firm exaggerated its profit margins to lure investors into its $1.4 billion initial public offering.
Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and today he is predicting an economic contraction that could be more than three times as severe as that suffered during the Great Financial Crisis.
Amid increasing tensions with Beijing, the Pentagon on Tuesday released a new report that lays out U.S. concerns about China’s growing military might, underscoring worries about a possible attack against Taiwan.