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Wall Street Funds Chinese Spy Upgrade

Hedge funds offer $150M helping hand to Beijing Big Brother

By Peter Fearon,  Newser Staff

Posted Sep 11, 2007 7:46 AM CDT

(Newser) – Wall Street money is fueling the high-tech upgrade of China's police state, the New York Times reports. US hedge funds have poured $150 million into Chinese surveillance companies that are developing the latest in government spookware, from face-recognition technology to behavior-recognition software that can spot...   Read full story »

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