U.S. prosecutors will likely urge a judge to drop an indictment against an MIT professor charged a year ago with receiving federal grant money but failing to disclose his ties to China, according to people familiar with the matter.

The reversal in the case of Gang Chen, a nanotechnology expert at the Massachusetts Institute of Technology, comes as the Justice Department is reviewing its policy of investigating and prosecuting cases of economic espionage intended to benefit China. 

We desperately need people like Gang Chen if we are going to remain competitive. The FBI Witch hunt should end. We don’t have to like someone’s philosophy or form of government to do business with them.

Talk about timing. Did you jump in the market yesterday when there was blood on the streets of Silicon Valley? I know an algorithm that did.