U.S. Steel Giant Charges That Chinese Government Stole Company Secrets

U.S. Steel Corp accused the Chinese government of hacking into a company computer to steal the blueprints for new lightweight steel technology so that Beijing-based auto producers could expand their reach into America.

The Wall Street Journal reported Thursday that U.S. Steel filed a complaint with the International Trade Commission earlier this week accusing the Xi government of working on the behalf of Chinese auto companies to swipe proprietary plans for the new steel. Continue reading