Taiwan plans stricter laws against economic espionage by China


Source: channelnewsasia.com channelnewsasia.com

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TAIPEI: Taiwan will tighten its laws in an effort to fight talent poaching and intellectual property theft from its lucrative tech industry by China, officials said on Thursday (Aug 26). The planned amendment to the island's national security act will make economic espionage a crime punishable by a jail term of between five and 12 years. It aims to protect "trade secrets in key technologies" from being poached by China or other "hostile external forces", the justice ministry said. The Mainland Affairs Council (MAC), Taiwan's top China policy-making body, said it was also planning to revise the law to try...