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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.

5 of 108 comments (clear)

  1. Hmmmm. by minkowski76 · · Score: 5, Funny

    Translation: China has pretty much stolen everything it wants.

    1. Re:Hmmmm. by Chris+Mattern · · Score: 5, Insightful

      Translation: both sides will work harder at hiding it.

  2. Re:what a pushover by imidan · · Score: 5, Insightful

    No. And your trite oversimplification is utterly worthless. We make the agreement so that when China *does* break it, we have a protocol in place for responding. We contact the Chinese government, we point at the malicious behavior, and we expect them to correct it. If they do not, then we have put in a good-faith effort, and we can enact our own consequences.

    It's a first step. It's not the entire solution. But we have to start somewhere.

  3. HA - HA - HA!!! by sshir · · Score: 5, Insightful

    I almost peed myself laughing... Were they able to keep their faces straight when they were "agreeing"?

  4. Re:what a pushover by Anonymous Coward · · Score: 5, Informative

    Think about all of the technology that the US has and has had compared to China. Do you honestly believe that the US gov hacked Chinese businesses to try to get past them? Intellectual property theft is moving in almost completely one direction and that is from the US to China, not the other way around, so I'd be very happy to take that bet.