Taiwan fears that China will undermine its tech industries by stealing trade secrets and using them to steal customers.that require Chinese firms to disclose any interest in Taiwanese companies, and prevent Taiwanese nationals who work on certain technologies to seek approval before visiting the mainland.
Failure to observe such laws can result in charges of"economic espionage" or"extraterritorial use of national core technology trade secrets."around the world. The director of UK intelligence agency MI5 Ken McCallum recently described those efforts as"standing on your shoulders to get ahead of you." "It means that if you are involved in cutting-edge tech, AI, advanced research or product development, the chances are your know-how is of material interest to the Chinese Communist Party," McCallum said.The Prosecutor's announcement says plans are afoot to charge 15 people as a result of its investigation. ®