China’s Sinovel convicted in U.S. of trade-secret theft…

(Reuters) – Chinese wind turbine maker Sinovel Wind Group Co was convicted on Wednesday of U.S. charges that it stole trade secrets from AMSC, causing the Massachusetts-based company to lose more than $800 million.

A federal jury in Madison, Wisconsin, found Sinovel, once AMSC’s largest customer, guilty on all charges it faced, including conspiracy, trade-secret theft and wire fraud, the U.S. Justice Department said.

The conviction exposes Beijing-based Sinovel to hundreds of millions of dollars in potential fines, according to the Justice Department. It is scheduled to be sentenced on June 4.

Sinovel, which saw its shares slide 4 percent in Thursday morning trade on the news, will take legal measures to protect its rights and interests as well as those of its shareholders, it said in a filing to the Shanghai stock exchange.

The stock has lost 46 percent since the charges were brought in June 2013, giving it a market value of about $1.4 billion.

The charges were announced amid heightened concern about Chinese theft of U.S. trade secrets and a legal battle in the Chinese courts pitting Devens, Massachusetts-based AMSC against Sinovel, one of the world’s largest turbine makers.

The conviction also comes as the United States studies possible intellectual property action against China. U.S. Commerce Secretary Wilbur Ross said on Wednesday China’s tech ambitions represent a direct threat that is being implemented by disrespect for “intellectual property rights, by commercial espionage.”

Read Full Story Here: https://www.reuters.com/article/us-sinovel-wind-gro-usa-court/chinas-sinovel-convicted-in-u-s-of-trade-secret-theft-idUSKBN1FD2XL

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As China dams Mekong….

As China dams Mekong, Southeast Asian villages lament

Going through the motions of daily life along the Mekong River, women dump fish into a boat container in Cambodia’s Kanal province on Jan. 5. | AFP-JIJI

Blockages threaten fish stocks and could displace the poor via flooding;

“The lower Mekong countries are “not able to stand up to China geopolitically,” said Thitinan Pongsudhirak, a foreign policy expert at Bangkok’s Chulalongkorn University.

That allows Beijing to keep “undermining habitats and millions of livelihoods downstream.”

Cambodian fisherman Sles Hiet lives at the mercy of the Mekong: a massive river that feeds tens of millions but is under threat from the Chinese dams cementing Beijing’s physical — and diplomatic — control over its Southeast Asian neighbors.

The 32-year-old, whose ethnic Cham Muslim community live on rickety house boats that bob along a river bend in Kandal province, says the size of his daily catch has been shrinking by the year.

“We don’t know why there are less fish now,” he said of a mystery that has mired many deeper into poverty.

It is a lament heard from villages along a river that snakes from the Tibetan plateau through Myanmar, Laos, Thailand, Cambodia and Vietnam before emptying into the South China Sea.

Nearly 4,800 km (2,982 miles) long, the Mekong is the world’s largest inland fishery and second only to the Amazon for its biodiversity.

It helps feed around 60 million people across its river basin.

Read Full Story Here: https://www.japantimes.co.jp/news/2018/01/08/asia-pacific/china-dams-mekong-southeast-asian-villages-lament/

China isn’t cleaning up our mess anymore, and the world can’t handle it!

FOR years, China has acted as the world’s dumping ground for recyclable goods, taking a reported 45 million tonnes of our plastic bottles, tired old clothes, and cereal boxes in 2016 alone.

But Beijing has decided that their nation will no longer be the world’s trash can, imposing a ban on imports of 24 categories of recyclables and solid waste that kicked in on Jan 1, 2018 – and the world is not coping.

After hazardous waste was found mixed in with the “foreign garbage” countries were shipping over to China, Environmental Protection Ministry said no more. Notifying the World Trade Organization back in July, Beijing said that, in order to “protect China’s environmental interests and people’s health,” there would be a change in policy – essentially sticking two fingers up to the waste inundated nations of the west.

Read Full Story Here: https://asiancorrespondent.com/2018/01/china-isnt-cleaning-mess-anymore-world-cant-handle/