Monday, October 18, 2010

Factories turn into new espionage dens

For five years, Huang was a scientist at a Dow Chemical lab in Indiana, studying ways to improve insecticides. But before he was fired in 2008, Huang began sharing Dow’s secrets with Chinese researchers, authorities say, then obtained grants from a state-run foundation in China with the goal of starting a rival business there.

Now, Huang, who was born in China and is a legal US resident, faces a rare criminal charge — that he engaged in economic espionage on China’s behalf.

Click here for the story.

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Nick Sorrentino is the Editor of The Liberty and Economics Review and CEO of a social media management company.