The US and China announced agreement on broad anti-hacking principles aimed at stopping the theft of corporate trade secrets though President Barack Obama pointedly said he has not ruled out invoking sanctions for violators.
President Barack Obama offered Mr Xi Jinping a warm welcome at the White House on Thursday, greeting his Chinese counterpart with a “ni hao”, or Mandarin for “how are you?”, at the start of a tricky state visit.
Presidents Obama and Xi agree that the USA and China won’t steal corporate secrets from each other, but the wording is so full of loopholes that CISOs shouldn’t take too much comfort in the pact for quite a while.
A joint statement to be released following Friday’s summit between President Barack Obama and his Chinese counterpart Xi Jinping aims to flesh out how their two countries plan to achieve targets for cutting emissions set at a bilateral summit in Beijing previous year.
“We will hold all the corrupted accountable no matter how far and how long they flee”, he said. Geng He told The Associated Press from her home in Cupertino, Calif. Gao himself vows to never leave China despite the hardships and having to live apart from his family.
Gold dropped from its highest in a month on Friday, giving back some of its sharp overnight gains, as the dollar rallied on an assurance from Federal Reserve chair Janet Yellen that the USA central bank would begin raising rates this year. Gold prices were also falling because...