China challenged the United States Friday to show evidence to support charges that Beijing backed a scheme by Chinese and Taiwanese companies to steal trade secrets from a US-based semiconductor firm. US Attorney General Jeff Sessions accused the companies on Thursday of stealing an estimated $8.75 billion worth of know-how from semiconductor giant Micron. The Justice Department unveiled criminal charges against Chinese state-owned Fujian Jinhua Integrated Circuit Co., and United Microelectronics Corporation (UMC) of Taiwan, along with three UMC officials.
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