U.S. accuses pair from China of stealing secrets, spying on GE [Reuters (UK)]
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Source: Reuters
U.S. accuses pair from China of stealing secrets, spying on GE - Reuters 1 Min Read WASHINGTON (Reuters) - 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, a former engineer at GE, was previously charged by the Justice Department in August in connection with the alleged theft. However, 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 in order to benefit China, and that the Chinese government provided “financial and other support.” Reporting by Sarah N. Lynch, Makini Brice and David Shepardson; Editing by Paul Simao All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Re
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