The Company Of Spies

The FBI busts a small firm for funneling technology to China--but it wasn't about bombs

Nuclear warheads. That's what comes to mind when the words China and espionage are put together. But a less geostrategic although perhaps more pervasive form of Chinese spying returned to the headlines last week--one focused not on ideology but on gutsy entrepreneurship and pure capitalism. No nukes this time. Instead, the target was technology for an advanced consumer-phone system. Arrested in the incident were a trio of business partners, all Chinese immigrants, including two employed by New Jersey-based Lucent Technologies. They had dreamed of an American shortcut to their country's capitalist road. In an e-mail pitch to Beijing venture capitalists, one...

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