U.S., China Reach Agreement Against Online Espionage

President Barack Obama said that the United States and China had agreed not to conduct cybertheft of trade secrets and intellectual property against one another for commercial gain. The administration has steadily put pressure on the Chinese government over the last several years to repudiate the use of cybertheft of trade secrets -- something the U.S. business community and administration has accused Beijing of engaging in on an industrial scale.

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