Listen Live
    U.S. Vice President Joe Biden delivers remarks at the Strategic and Economic Dialogue (S&ED) at the State Department in Washington June 23, 2015

    ‘Government-Sponsored Cyber Theft’ Brought Up at Economic Forum With China

    © REUTERS / Yuri Gripas
    Business
    Get short URL
    0 06
    Subscribe

    State-sponsored cyber theft remains a source of concern for Washington, US Treasury Secretary Jacob Lew said at the opening session of US-China Strategic and Economic Dialogue on Tuesday.

    WASHINGTON (Sputnik) — The US Office of Personnel Management announced on June 4 that it had discovered a massive cybersecurity breach in April that compromised the personal data of nearly every current and many former US federal employees.

    “We remain deeply concerned about government-sponsored cyber theft from companies and commercial sectors,” said US Treasury Secretary Jacob Lew.

    He added that the United States and China have a shared interest “in ensuring that the Internet continues to drive growth and prosperity worldwide.”

    Media has quoted US officials suspecting China of being behind the four-month-long cyber operation, but the administration of the US President Barack Obama has not blamed China for the hack.

    Lew said during the forum, the US and Chinese officials will discuss “candidly” such areas of concern as cybersecurity, barriers to open trade and investment, and exchange rate reform.

    Moreover, the representatives of the two countries will address a range of economic issues, including the need to uphold high governance and standards in the international economic system, the treasury secretary said.

    US-China Strategic and Economic Dialogue has been held since 2009. The forum is a mechanism to generate cooperation between the two countries, according to the Treasury.

    Related:

    US, China to Cooperate in Peaceful Nuclear Energy - White House
    US-China Strategic Economic Dialogue to Be Held in Washington in June
    American Ships in South China Sea May Lead to War Between US, China
    Tags:
    US economy, cybersecurity, US Office of Personnel Management (OPM), Barack Obama, Jacob Lew, China, United States
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik