The recent indictment of a Chinese engineer at the Phillips 66 operation in Bartlesville is attracting some national and international attention. And some contend it is only the latest sign that China has no intention of slowing down in its corporate spying operations in the U.S.
The case came to light weeks ago as reported by OKEnergyToday.
Read what Sarah E. Hunt, co-founder and CEO of Joseph Rainey Center for Public Policy wrote about the case.
The Department of Justice recently indicted Chinese engineer and battery storage expert Hongjin Tan — a Chinese citizen and U.S. legal permanent resident — for stealing over $1 billion worth of trade secrets from his employer, the U.S. petroleum company Phillips 66.
The big picture: The U.S. energy industry is the latest victim of corporate espionage and intellectual property (IP) theft by China — a growing threat to American energy innovation. Then-President Obama signed a deal with President Xi Jinping in 2015 to combat IP theft, but Chinese cyber espionage picked back up because of trade tensions after President Trump took office.