Chinese President’s visit to Seattle confirmed

Following his stay in Seattle, President Xi and his delegation fly to Washington, D.C., for a summit meeting and state dinner with President Obama.

U.S. President Barak Obama, publicly declared today that there will be serious repercussions, possibly in the form of direct sanctions, against China for recent cyber breaches and attacks.

President Xi Jinping on Friday said China will continue to be open to foreign media and he looks forward to more cooperation and understanding between China and the United States.

The Paulson Institute is a Chicago-based non-partisan center, founded by former U.S. Treasury Secretary Henry Paulson, that focuses on sustainable economic growth in the USA and China.

Many Americans suspect that China is behind the attacks and this may cause tension when Chinese leader Xi Jinping meets with Obama in Washington at the end of this month.

Much like a pledge pushed onto Apple by Russian Federation , American tech companies hoping to do business in the People’s Republic of China are reportedly being coerced into complying with an intrusive data and security policy, according to The New York Times.

Our goal is to have them as a partner in helping to have a set of worldwide rules and norms that help everybody, Obama said.

Washington has threatened sanctions against Chinese individuals and companies that have been accused of hacking United States corporate databases.

A Chinese delegation will likely sign deals to buy “several million” tonnes of soybeans during a ceremony on Sept 24 in the Midwestern state of Iowa, said a source that will travel with the trade group accompanying Xi.

President Obama has made clear that he wants Beijing to stop building military facilities in disputed waters of the South China Sea.

China’s fast-growing airplane market is one of Boeing’s best customers, taking delivery of some 25 percent of the company’s commercial aircraft production in the year so far, the company said.

White House spokesman Josh Earnest later said Obama was “intentionally nonspecific” in the comments but added that the economic sanctions the United States has used over cyberespionage have had a deterrent effect.

“At the same time, the Chinese government firmly safeguards its own interests in cyberspace and is resolutely opposed to any statements or actions that harm China’s interests”, Mr Zheng told reporters at a briefing on Mr Xi’s state visit.