Economic Espionage: Zheng and Zhang Fleece General Electric

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The week of April 15 saw the unsealing of the indictment of Xiaoquing Zheng and his co-conspirator Zhaoxi Zhang on multiple counts of economic espionage associated with the theft of the intellectual property of General Electric. Zheng previously had been arrested in August 2018, and the attendant criminal complaint highlighted the sum and substance of the theft of GE’s technology … Read More

The FBI and the National Security Threat Landscape: The Next Paradigm Shift

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Christopher Wray, Director, Federal Bureau of Investigation to Council on Foreign Relations Remarks prepared for delivery. Thanks, Richard. It’s great to be here with all of you. If you’d told me two years ago that I’d be back in the world of law enforcement and national security, much less standing in front of the Council on Foreign Relations, sharing my … Read More

‘Committee on the Present Danger: China’ Briefs New York Business and Financial Sector on PRC ‘Unrestricted Warfare’

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Steve Bannon, Kyle Bass, David Goldman, Roger Robinson Join Call for End to Underwriting of the Communist Chinese Threat  NEW YORK— Six prominent business leaders and economic security practitioners briefed a standing room-only audience of executives, investors and journalists today at an event sponsored by the newly launched “Committee on the Present Danger: China” (CPDC).  The speakers’ focus was on the enormous contribution American … Read More

Former GE Engineer and Chinese Businessman Charged with Economic Espionage and Theft of GE’s Trade Secrets

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The Pair Allegedly Conspired to Steal GE’s Trade Secrets for Use in Their China-Based Companies to Benefit the People’s Republic of China WASHINGTON – An indictment unsealed today charges Xiaoqing Zheng, age 56, of Niskayuna, New York, and Zhaoxi Zhang, age 47, of Liaoning Province, China, with economic espionage and conspiring to steal General Electric’s (GE’s) trade secrets surrounding turbine … Read More

‘National Security Threat’ As Chinese Hackers Are ‘Allowed’ To Target U.S. Businesses

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On Friday, an investigation by NPR and Frontline claimed that the White House estimates “technology theft and other unfair business practices originating from China are costing the American economy more than $57 billion a year.” Last year, a U.S. Department of Justice report to the Senate Intelligence Committee claimed that “from 2011-2018, more than 90% of cases alleging economic espionage by or to benefit a state involve China, … Read More