China's industrial espionage brings nuclear fallout

Although much of the focus of China's industrial espionage is on a phishing attack against Alcoa, one of the five accused Chinese military officers allegedly stole technical and design specifications on pipes for nuclear plants from Westinghouse at the same time the company was negotiating to build four power plants in China.

China sees nuclear power as a way to reduce pollution in a country where nearly 80% of power is generated by burning coal, and it has the largest pipeline of new nuclear power plants in the world; China has been buying stakes in African mines, its two largest nuclear companies are preparing for IPOs, and governments are eyeing Chinese help for their own nuclear projects.

All this could be imperiled if the U.S. imposes sanctions against China as retribution, given that the Chinese officers are unlikely to stand trial.


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Comments (2)
  • roojoo
    , contributor
    Comments (212) | Send Message
    Sure, sanction both Russia and China.
    20 May 2014, 08:18 AM Reply Like
  • User 195396
    , contributor
    Comments (447) | Send Message
    Sanction, manction=idiocy at the highest level-forget the politics (yeh, right) try to focus on business and economics.
    20 May 2014, 11:36 AM Reply Like
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