President Obama urges China to stop cyber theft

President Barack Obama is urging China to stop cyberattacks to steal trade secrets and allow foreign companies to compete equally. China must create “a playing field where competition policy promotes the welfare of consumers and doesn’t benefit just one set of companies over another,” President Obama said during remarks at the Asia-Pacific Economic Cooperation (APEC) forum. “We look to China to become an innovative economy that values the protection of intellectual property rights, and rejects cyber theft of trade secrets for commercial gain,” he added.

The two countries have clashed repeatedly over cyberattacks