White House preparing sanctions against China over cyberthefts
The Obama administration is developing economic sanctions to impose on Chinese companies and individuals who have benefited from the thefts of U.S. trade secrets, The Washington Post reports. The White House has not yet decided whether to implement the unprecedented response to cyber-espionage, but administration officials say it could come within two weeks, and could even coincide with Chinese President Xi Jinping's first state visit to the U.S. next month.
The White House would not comment on specifics, but, according to former White House cyber official Rob Knake, the sanctions would be an "even stronger move" than indictments previously issued, The Washington Post reports. "It’s really going to put China in the position of having to choose whether they want to be this pariah nation — this kleptocracy," Knake said, "— or whether they want to be one of the leading nations in the world.”
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