News

US accuses pair of stealing secrets, spying on GE to aid China

A former engineer and a Chinese businessman have been charged with economic espionage and conspiring to steal trade secrets from General Electric Co to benefit China, according to an indictment unsealed by the U.S. Justice Department on Tuesday.

A former engineer and a Chinese businessman have been charged with economic espionage and conspiring to steal trade secrets from General Electric Co to benefit China, according to an indictment unsealed by the U.S. Justice Department on Tuesday.

Xiaoqing Zheng, formerly an engineer at GE, was previously charged by the Justice Department in August in connection with the alleged theft.

The indictment unsealed on Tuesday against the former engineer and Chinese businessman Zhaoxi Zhang marks the first time that the U.S. government has formally alleged that the scheme was carried out to benefit China, and that the Chinese government provided “financial and other support.”

More

Advertisements

Categories: News

Tagged as: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s