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China sharpens economic espionage penalties in ‘tit-for-tat provision’ against US accusations of trade secret theft

Summary:
[unable to retrieve full-text content]China is amending its criminal code to cover trade secrets theft by foreign businesses, a change that could give Beijing a tool to retaliate against the United States for alleged economic espionage.The proposed new section on economic espionage by foreign firms, which has flown under the radar of many foreign intellectual property lawyers, is part of a wider amendment to the country’s criminal code.A draft of the law has been released for public review until August 16. If passed, the punishment…

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[unable to retrieve full-text content]
China is amending its criminal code to cover trade secrets theft by foreign businesses, a change that could give Beijing a tool to retaliate against the United States for alleged economic espionage.The proposed new section on economic espionage by foreign firms, which has flown under the radar of many foreign intellectual property lawyers, is part of a wider amendment to the country’s criminal code.A draft of the law has been released for public review until August 16. If passed, the punishment…

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