China’s government is engaged in a systematic program of cyber attacks on American and foreign companies, according to a US government trade report made public last week.
The cyber intrusions into corporate networks are one of four areas identified by the office of the US Trade Representative as unfair trading practices. These have prompted the administration of US President Donald Trump to impose tariffs on Chinese products in the coming weeks.
The other areas outlined in the USTR report include restrictions on businesses operating in China designed to induce technology transfers, and systematic acquisitions of technology companies to obtain advanced commercial know-how.
Read the entire article at Asia Times.