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The US government announced sanctions on five Chinese entities linked to Chinese citizen Ding Linwei under the Protecting American Intellectual Property Act. Ding Linwei, a former Google engineer, was convicted of economic espionage and stealing trade secrets. The sanctioned entities are accused of participating in or supporting significant theft of trade secrets from Americans for profit. These entities include Shanghai Zhisuan Technology Co., Ltd. (Zhisuan), founded by Ding Linwei in 2023; Beijing MiraclePlus Investment Management Co., Ltd. (MiraclePlus), which invests in Chinese tech startups and hosts entrepreneurship programs; Beijing MiraclePlus Venture Capital Fund I LP (Phase I) established in 2020…
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