By TIME Video
U.S. Attorney General Eric Holder announced Monday that members of the Chinese military allegedly engaged in the hacking of American businesses, including U.S. Steel Corp., Westinghouse, Alcoa, Allegheny Technologies, the United Steel Workers Union and SolarWorld.
The 31-count indictment by a feral grand jury in Pennsylvania charges that the hackers stole trade secrets that would have been “particularly beneficial to Chinese companies at the time that they were stolen,” Holder said.
China’s foreign ministry has denied the federal charges, the BBC reports.
Watch the video above for the details.
More Must-Reads from TIME
- Breaking Down the 2024 Election Calendar
- How Nayib Bukele’s ‘Iron Fist’ Has Transformed El Salvador
- What if Ultra-Processed Foods Aren’t as Bad as You Think?
- How Ukraine Beat Russia in the Battle of the Black Sea
- Long COVID Looks Different in Kids
- How Project 2025 Would Jeopardize Americans’ Health
- What a $129 Frying Pan Says About America’s Eating Habits
- The 32 Most Anticipated Books of Fall 2024
Contact us at letters@time.com