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U.S. And China Agree To Reduce Cybertheft

Presidents Obama and Xi Jinping have agreed on common standards for cybertheft and economic espionage online.

The United States and China have moved a little bit closer to a joint understanding on cybersecurity, cyberwar, and the ongoing theft of proprietary trade secrets via hacking. In a meeting at the White House today, President Obama and Xi Jinping of China announced a “common understanding” to combat “cyber-enabled theft of intellectual property,” but left a lot of unspoken space about just what that common understanding actually is.

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