Justice Department Files Charges Against Chinese Company
DAVID GREENE, HOST:
NPR's business news starts with new charges against China.
(SOUNDBITE OF MUSIC)
GREENE: The United States charged a Chinese wind turbine maker, yesterday, with stealing trade secrets from a U.S. company. The Department of Justice says China's Sinovel stole more than $800 million worth of intellectual property from U.S. company AMSC.
AMSC is seeking more than $1 billion in damages.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.