Boards Balance Opportunities in China With Increasing Risks (Boehme quoted)

Boards Balance Opportunities in China With Increasing Risks

Tony Chapelle – AgendaWeek – May 17, 2010

china

Multinational corporations that do business with China are increasingly getting caught up in counter-surveillance to protect their trade secrets.

Directors need to be briefed on the implications for their companies and make sure their managers take steps to protect technology and other intellectual property.

In January, Britain’s spy chairman reportedly warned that telecommunications giant BT could be shut down by China and that Britain’s power, water and food supplies could be cut off. Alex Allan sent out a confidential document, according to London’s The Times newspaper, that accused Chinese telecom maker Huawei Technologies of having supplied BT’s new communications network with components that could bring down the system.

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