An initial cybersecurity agreement between China and the United States—which is being seen as an “early step” to curb cybertheft—faces multiple challenges.
Under the agreement, made on Sept. 25 between President Barack Obama and Chinese President Xi Jinping, neither the U.S. nor the Chinese governments “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,” according to a White House statement explaining the agreement.
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