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Renewed Chinese cyberespionage: Time for the US to act – Ep. 97: Big Business gets a bad rap – AEI

Chinese cyberespionage is on the rise again, despite a 2015 US-China agreement to curtail commercial cyber theft. These potential acts of defiance come as the US and Beijing are moving toward confrontation across a wide number of economic and strategic fronts. Reports from two leading US cybersecurity firms, FireEye and CrowdStrike, have identified a “surge in espionage targeting cloud services, telecommunications companies, and law firms.” And several months ago, Chinese hackers took over a popular security tool to introduce malware into some 18 specific high-tech companies.
U.S. President Donald Trump and China’s President Xi Jinping make joint statements at the Great Hall of the People in Beijing, China, REUTERS.
Meanwhile last week at the annual Boao Forum (China’s Davos), Chinese President Xi Jinping promised to increase intellectual property enforcement, prompting President Donald Trump to praise Xi for his “enlightenment” on IP. The president clearly should check more carefully with his intelligence agencies before

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