• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

US swaps prisoners with China, releasing 3 convicted spies

by December 14, 2024
written by December 14, 2024

Two Chinese spies and a Chinese national who was charged for disseminating child pornography were part of a White House prisoner swap as Biden’s presidency nears the end.

On Nov. 22, Biden granted clemency to Yanjun Xu, Ji Chaoqun and Shanlin Jin. 

Their releases were part of a prisoner swap that returned three wrongfully detained Americans from Chinese custody: Mark Swidan, Kai Li, and John Leung. 

The three Americans returned to the U.S. before Thanksgiving.

Xu and Chaoqun were both Chinese nationals who were convicted of espionage in the U.S. 

Xu, according to a release from the Department of Justice, was the first Chinese government intelligence officer ever to be extradited to the United States to stand trial and was sentenced to 20 years.

According to court documents, Xu targeted American aviation companies, recruited employees to travel to China, and solicited their proprietary information, all on behalf of the government of the People’s Republic of China (PRC).

In one example, noted in court documents, Xu attempted to steal technology related to GE Aviation’s exclusive composite aircraft engine fan module – which no other company in the world has been able to duplicate – to benefit the Chinese state.

The Department of Justice said that Xu openly discussed his effort to steal U.S. military information in addition to commercial aviation trade secrets.

Chaoqun was arrested and convicted after working with Xu on behalf of the CCP.

The federal agency said that Xu recruited and ‘handled’ Chaoqun, who was stationed in Chicago during the duration of the scheme.

The DOJ said that Xu directed Chaoqun to collect ‘biographical information on people to potentially recruit to work with them.’

‘Xu’s handling and placement of a spy within the United States to obtain information regarding aviation technology and employees is yet another facet of Xu’s egregious crimes towards the United States and further justifies the significant sentence of imprisonment he received today,’ said U.S. Attorney Parker at the time of the pair’s conviction.

Jin was serving his sentence after being convicted of possessing more than 47,000 images of child pornography while a doctoral student at Southern Methodist University in Dallas in 2021.

Biden commuted on Thursday the sentences of 1,499 people. He is also pardoning 39 individuals who were convicted of non-violent crimes.

President-elect Trump is set to take office in a little over a month, on January 20. He has said that he will immediately pardon people convicted of participating in the January 6, 2021, riot in the U.S. Capitol.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump posts ‘how it’s going’ message contrasting Time Person of the Year cover with mugshot
next post
RNC chair reveals what role Trump will play during the 2026 midterms: ‘All the way to the finish line’

related articles

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

US diplomatic facility in Iraq struck by drone

March 13, 2026

171 million travelers face airport delays as Democrats’...

March 13, 2026

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

FDA launches new AI-powered system to track drug...

March 13, 2026

Cornyn reverses on filibuster stance to push Trump’s...

March 13, 2026

DAVID MARCUS: Sen Thune has no idea how...

March 13, 2026

Trump touts 5-0 sweep by endorsed candidates in...

March 13, 2026

US destroys 16 Iranian mine boats as Strait...

March 13, 2026

House GOP urges Trump to choke off Iran...

March 13, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • McConnell criticizes federal judges for reversing retirement decisions as ‘open partisanship’

    December 3, 2024
  • President Trump to honor Iran strike flight team at the White House

    July 4, 2025
  • Religious slaughter in Syria shows need for US, Europe to ‘keep a close eye’ on Islamist regime: Greek FM

    March 10, 2025
  • Salesforce jumps as AI tools help drive upbeat revenue outlook

    December 4, 2025
  • NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off

    September 4, 2024

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025

Categories

  • Economy (829)
  • Editor's Pick (8,376)
  • Investing (1,354)
  • Stock (981)

Latest Posts

  • Morning brief: Asian markets fall, US launches new trade probe

    March 12, 2026
  • Kamala Harris confirms 2024 presidential bid after Biden drops out

    July 21, 2024
  • Foreign nationals charged amid Trump visa crackdown for scheme to smuggle US military equipment into China

    June 2, 2025

Recent Posts

  • ‘Skeptical optimism’: Faith leaders share their hopes for the incoming Trump administration

    December 14, 2024
  • Erika Kirk to be Trump’s guest at State of the Union

    February 24, 2026
  • White House calls Democrat criticism of DOGE ‘unacceptable’ and ‘incredibly alarming’

    February 5, 2025

Editor’s Pick

  • UN draft report on children in conflict zones raises eyebrows with framing of Israelis

    March 8, 2025
  • AOC, Sanders tell supporters to mask up for West Coast town halls

    March 14, 2025
  • Taiwan general warns China’s military drills could be preparation for blockade or war, vows to resist

    October 27, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock