The Justice Department is ramping up its fight against Chinese economic and industrial espionage.
U.S. Attorney General Jeff Sessions announced a new initiative Thursday to combat Chinese economic espionage, as a federal grand jury indicted a Chinese state-owned company and a Taiwanese tech firm on charges of stealing trade secrets from U.S. semiconductor manufacturer Micron Technology.
The new China Initiative “will identify priority Chinese trade theft cases, ensure that we have enough resources dedicated to them, and make sure that we bring them to an appropriate conclusion quickly and effectively,” Sessions said at a press conference in Washington.
The China initiative will be led by assistant attorney general for national security John Demers, and composed of senior FBI and Justice Department officials, Sessions said.
“This will help us meet the new and evolving threats to our economy,” Sessions said. “Today, we see Chinese espionage not just taking place against traditional targets like