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The US and China Agree Not To Conduct Economic Espionage In Cyberspace
blottsie writes: The leaders of China and the United States agreed on Friday to take new steps to address cyberspying, vowing that neither country would conduct or knowingly support the theft of intellectual property. Senior law-enforcement and intelligence officials from both nations will evaluate how the two major powers respond to each other's requests for assistance fighting "malicious cyber activity," the White House said in a statement. The group will hold its first meeting before the end of the year, with subsequent meetings occurring twice per year.
Translation: China has pretty much stolen everything it wants.
Phew! Crisis averted. I'll switch off my firewall.