Two Chinese nationals were charged in U.S. federal court for conspiring to commit economic espionage related to marine technology to benefit the Chinese regime and its state-owned companies.
Shan Shi, 53, and Gang Liu, 32, were the main orchestrators of a scheme to steal trade secrets from a multinational engineering firm that develops syntactic foam—a lightweight material that keeps objects afloat in deep water, used for military and commercial purposes, including in offshore oil production.
