We recently linked to a story about seven people being charged with stealing trade secrets in syntactic foam. Our source speculated that CBM International Inc. (CBMI) in Texas was the company involved in the controversy, which was confirmed by a Law360 story. According to Law360, a Chinese national recruited Shan Shi, who is among those charged, to form CBMI. An affidavit says
Read moreSeven people were charged on Wednesday with conspiring to steal trade secrets from a Houston-based business for a company in China that makes syntactic foam for military and civilian uses, Reuters reported. Those arrested and charged include four U.S. citizens. An ocean industry expert speaking to Sea Technology believes the company to be CBM International.
Read moreTrump is giving a glimpse into how he will deal with China by sending a U.S. Navy warship to the South China Sea, 12 nautical miles from an island built by China to lay claim to the contested waterway. The UN defines territorial waters as extending 12 nautical miles max from a country’s coastline. Learn more about the issues surrounding
Read moreChina has announced it will institute a new policy called “One Belt and One Road” (OBOR). The Silk Road Economic Belt will comprise three routes connecting China to Europe (via Central Asia), the Persian Gulf, the Mediterranean (through West Asia), and the Indian Ocean (via South Asia), according to McKinsey. More than 60 countries, with a combined GDP of $21
Read moreNinety percent of fisheries around the world are threatened or depleted, according to the United Nations Food and Agriculture Organization. This affects lives and livelihoods worldwide, particularly in the developing world. China’s aggressive expansion of fishing practices, including illegal ones, is exacerbating the problem, The New York Times reported. Read the full article here. Caption: A school of jack mackerel. (Photo Credit: Richard Ling)
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