China’s President Promises Action on Cybersecurity

China’s President Xi Jinping and President Obama vow to work together to address the problem of Chinese hackers gaining access to U.S. business data.

President Obama announced the following at a press conference: “We have agreed that neither the U.S. or 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. In addition, we’ll work together and with other nations to promote international rules of the road for appropriate conduct in cyberspace…”

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