Obama: China’s stealing of trade secrets an act of aggression that has to stop

Ahead of Chinese President Xi Jinping’s visit to United States, US President Barack Obama warned China that his government is preparing measures to make China feel that its industrial espionage and stealing of trade secrets may strain ties. “We are preparing a number of measures that will indicate to the Chinese that this is not just a matter of us being mildly upset, but is something that will put significant strains on the bilateral relationship if not resolved,” Obama said at Business Roundtable Headquarters in Washington September 16.

“We are prepared to some countervailing actions in order to get their attention,” President Obama added.

He said that traditional intel gathering is needed by all states including US. “We have repeatedly said to the Chinese government that we understand traditional intelligence-gathering functions that all states, including us, engage in.”

But “government or its proxies engaging directly in industrial espionage and stealing trade secrets, stealing proprietary information from companies” is fundamentally different. “That we consider an act of aggression that has to stop,” he added.