American companies doing business in China will face a continuing threat to their intellectual property under Chinese President Xi Jinping’s security policies, according to a State Department security report.
China’s large-scale information hacking is not limited to recent incidents like the theft of Office of Personnel Management records on 2.1 million federal workers, according to the report by department’s diplomatic security office produced for the Overseas Security Advisory Council.
Hacking is part of a much broader trend with an estimated 80 percent of all cyberattacks against Americans coming from China, the report says, noting that, despite the recent agreement by Mr. Xi to curb intellectual property theft, "threats to [intellectual property] are unlikely to disappear soon."
Read the entire article at the Washington Times.