The United States has imposed sanctions on a Chinese hacker and data broker who sold data from highly sensitive U.S. critical infrastructure networks.
The Department of the Treasury's Office of Foreign Assets Control designated Zhou Shuai and his Shanghai-based company, Shanghai Heiying Information Technology Company, Limited. In collaboration with another Chinese hacker Yin Kecheng, Zhou Shuai illegally acquired, brokered, and sold data from highly sensitive U.S. critical infrastructure networks, according to the Treasury.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.