US, China reach deal on cyber-theft amid hacking accusations

Published time: 25 Sep, 2015 21:15
Edited time: 25 Sep, 2015 21:17

U.S. President Barack Obama (R) and first lady Michelle Obama (2ndL) wave from the White House balcony with Chinese President Xi Jinping and Madame Peng Liyuan during an official State Visit in Washington September 25, 2015 © Jonathan Ernst / Reuters

After months of US allegations that the Chinese have been launching hack attacks, US President Barack Obama says he and his Chinese counterpart, Xi Jinping, have reached a “common understanding” on cyber spying issues.
“We’ve agreed that neither the US government nor the Chinese government will conduct or knowingly support cyber-enabled theft of intellectual property including trade secrets or other confidential business information for commercial advantage,” Obama said Friday, adding that the agreement is “progress.”


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