U.S. and China reach agreements on combatting climate change, cyber espionage

President Obama and Chinese President Xi Jinping stressed cooperation and integration in a Friday press conference announcing the launch of a cap-and-trade program to cut carbon emissions. Xi pledged that China would impose annual emissions limits and also offer $3.1 billion to poorer countries to combat climate change.
Obama and Xi both acknowledged the importance of working to "narrow our differences" so "we can continue to advance our mutual interests," Obama said. In light of that goal, both China and the U.S. have pledged to not "conduct or knowingly support cyber-enabled theft." "The question now is," Obama said, "are words followed by actions?"
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