U.S. ACCUSES COSCO OF SPYING FOR CHINA U.S. officials accuse Chinese shipping giant COSCO of using concealed equipment aboard its vessels to collect military communications intelligence near foreign coastlines. They claim the technology monitors military signals, encryption developments and strategic shipping routes across North America, Europe and Asia. China rejected the allegations as “baseless.” The claims come ahead of a planned Trump-Xi summit, where security and trade tensions are expected to feature prominently. 01-SEP-2026 06:04 AM ET