Obama, Xi make climate vow
In addition to the agreement to stop theft of trade secrets, China and the USA will also create two related working groups: “one panel of experts who will hold “further discussions” on the cyber topic”, and “a high-level” group focused on how to fight cyber crime, the White House said in a statement that provided more details. “Both sides will look to broadly increase anti-terrorism cooperation, including how to deal with cross-border foreign terrorists, cracking down on terror financing and increasing intelligence exchanges on terror threats”, it said.
“I expressed in candid terms our strong view that preventing journalists, lawyers, NGOs, and civil society groups from operating freely or closing churches and denying ethnic minorities equal treatment are all problematic, in our view, and actually prevent China and its people from realizing its full potential”, he said.
In this September 25, 2015, photo, President Barack Obama, Chinese President Xi Jinping, first lady Michelle Obama and Jinping’s wife Peng Liyuan descend the Grand Staircase as they arrive for a State Dinner at the White House in Washington.
With just a few hours left before the Chinese President visits the White House, two Chinese JH-7 fighter jets made an unsafe interception with a USA surveillance plane. “There will be times when there are differences between our two countries”.
Separated by metal barriers and a few police, demonstrators for and against China’s president were rallying in the park across from the White House when the two leaders met inside, and there was no doubt which camp was winning the decibel count.
“At present, the exchange rate between renminbi and US dollar is moving toward stability”, he added. China’s pledge to help crack down on hackers who steal commercial secrets from the United States, even coming as it did amid a bit of arm-twisting by Obama, is a big breakthrough that could reduce U.S.-China tensions and end huge losses for American companies.
On human rights, long a divisive issue between the U.S. and China, Xi made no commitments, saying only that countries must have the right “to choose their own development independently”.
Professor Zhang Haibin, from Peking University’s School of worldwide Studies, said that by “playing big” on climate finance, China had clearly chosen the area as the ground on which it would stake its claim for major world power status.
The White House says the agreement covers trade secrets and other confidential business information where the intent is to provide a competitive advantage to a country’s companies or commercial sectors.
However, the name depicts that the area is the part of China but actually it’s not – at least not according to the United States.
Obama, in turn, said, “The United States will always speak out on behalf of fundamental truths”. Some analysts believe Obama has more leverage due to China’s slowing economic growth, which has destabilized global markets.
She said China’s move was “already sending some ripples” through countries such as Brazil and South Africa, which could follow suit.
On Friday night, Obama will host a lavish black-tie state dinner where guests will dine on Maine lobster and Colorado lamb.
At the same time, Obama has warned that progress on climate change and other issues could be threatened by China’s continued cybertheft of intellectual property.