China runs the world's largest technology espionage network. The Wall Street Journal.
China has deployed the world's largest intelligence network to bolster its technology industry. One of Beijing's possible targets was Nvidia CEO Jensen Huang, who resigned on November 12 amid a scandal. According to the WSJ, Beijing has attracted government agencies, private companies and ordinary citizens to collect foreign technologies.
U.S. officials suspect that Chinese intelligence services have tried to influence Huang through a “ Honey Trap” – a relationship with Alice Huang, associated with Singapore’s Spede. This company is suspected of providing Nvidia chips to China with export restrictions.
Nvidia's board of directors has launched an independent investigation, Huang is willing to cooperate. The Chinese Foreign Ministry rejected the accusations and called them defamation. In Singapore, an investigation into Megaspeed has been ongoing since February 2025, but evidence of Alice Huang's involvement was deemed insufficient there.
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