January 5, 2023: -On Tuesday, a New York man was sentenced to the recent years in prison for conspiring to steal General Electric’s trade reason to benefit China, the U.S. Justice Department said.
Xiaoqing Zheng, aged 59, of Niskayuna, New York, convicting of conspiracy to attempt economic espionage after a four-week jury trial that was completed in March of the previous year, according to the Justice Department. U.S. District Judge Mae D’Agostino sentenced Zheng to pay a $7,500 fine and serve a single year of post-imprisonment supervised release.
U.S. officials have stated that the Chinese government poses the most significant long-term threatening U.S. economic and national security and is taking out unprecedented to steal critical technology from U.S. businesses and researchers. China denies the allegations.
At GE Power in Schenectady, New York, Zheng was employed as an engineer specializing in a turbine which stole technology. He worked at GE from 2008 till the summer of the year 2018, the Justice Department said.
The trial evidence experiences Zheng and others in China conspired to steal GE’s trade secrets being surrounded by its ground-based and aviation-based turbine technologies to benefit China, which includes China-based firms and universities that research and manufacture the schemes for turbines, the Justice Department stated.
“This is a case of textbook financial espionage. Zheng, which is exploiting his position of trust, which is betraying his employer and conspiring with the government of China, which is stealing innovative American technology,” stated Assistant Attorney General Matthew Olsen of the Justice Department’s national deposit division.
The United States is blaming the ex-GE engineer and another Chinese businessman named Zhaoxi Zhang from the year 2019 for stealing secrets, which is spying on GE to aid China. Zheng pleaded not guilty at the time.
A U.S. federal court in Cincinnati sentenced a Chinese national in November to 20 years in prison following being convicted of plotting to steal trade secrets from a few U.S. aviation and aerospace companies.
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