trade secret

Images: Mohamed Hassan, Handcuffed to a Dollar;
Linnaea Mallette, Spring Flowers Lightbulb Art (Publicdomainpictures.net)

A well-known Chinese business leader recently stated openly that her company does not hire any Chinese graduates or professionals returning from overseas to avoid potential infiltration by spies working for foreign entities. This remark has been widely criticized. While the business leader’s recruitment approach is quite extreme, her underlying concerns about potential loss of trade secrets are noteworthy. A new set of rules issued by Chinese authorities helps address these concerns by elucidating how individuals stealing trade secrets for foreign entities can be subject to severe criminal punishments.Read more