Cyber Security Talks Between U.S. and China Progress

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By Douglas A. McIntyre Updated Published
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Although it is hard to believe, the United States may have started to make progress in talks with China over its shameless hacking of government and private Web properties. American investigators believe that they have traced much of the hacking activity to one site in the People’s Republic, although officials there have denied it. However, the evidence appears incontrovertible.

According to China paper Xinhua:

China and the United States held a strategic security dialogue on Monday and Tuesday, discussing the thorny issue of cyber security.

The two sides held candid in-depth discussions on cyber security, including the mechanism of a bilateral cyber working group, international cyberspace rules, and measures to boost dialogue and cooperation on cyber security.

Both sides expressed the willingness to improve the mechanism of the cyber working group on the basis of mutual respect and equality so that it can play a positive role in enhancing mutual trust, reducing mutual suspicion, managing disputes and expanding cooperation.

The two sides agreed to hold an informal meeting at an appropriate time before the next strategic security dialogue.

The strategic security dialogue is within the framework of the fifth China-U.S. Strategic and Economic Dialogue (S&ED) which kicks off on Wednesday. The S&ED covers a wide range of political, security, economic and financial topics as well as major regional and international issues of common concern.

Top on the agenda are discussions on the implementation of the consensus reached by Chinese President Xi Jinping and U.S. President Barack Obama at their summit in California last month on building a new type of major-country relationship based on mutual respect and win-win cooperation.

Since the Chinese version of “win-win” with the United States is almost always “win-lose,” the talks are likely to go badly eventually.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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