Cybersecurity

US reaches economic cybersecurity agreement with China

Today, President Obama, appearing with Chinese President Xi Jinping, announced that the United States and China had reached an agreement to curb "cyber-enabled theft of intellectual property" between the two countries. Obama, at the announcement, said he had "indicated it has to stop," and that the two had come to a "common understanding."
According to a statement from the White House, the two countries now "agree that neither country's government will conduct or knowingly support cyber-enabled theft of intellectual property, including trade secrets or other confidential business information, with the intent of providing competitive advantages to companies or commercial sectors."