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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

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Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
Cybersecurity

China’s president wants to work with the U.S. to fight cybercrime

By
Laura Lorenzetti
Laura Lorenzetti
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By
Laura Lorenzetti
Laura Lorenzetti
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September 23, 2015, 10:59 AM ET

China’s President Xi Jinping committed to working with the U.S. to fight cybercrime in a speech Tuesday night in Seattle—the leader’s first stop in his one-week visit.

Xi said that his government would not condone any form of hacking or commercial theft, and any violation would be punished based on relevant laws and treaties, reported the New York Times.

“China is ready to set up a high-level joint dialogue mechanism with the United States on fighting cybercrimes,” Xi said.

His address to a roomful of American and Chinese business executives was designed to soothe industry, especially the high-tech sector, though it remains to be seen how seriously the Obama administration takes Xi’s comments.

“We won’t paper over those differences,” said Daniel Kritenbrink, a senior China advisor to President Obama, referring to the policy gaps on cyberspace and economic issues between the two countries. Still, Kritenbrink said the White House hopes to have a “very robust discussion” with the leader.

READ MORE: What China’s Xi Jinping’s U.S. visit means for cybersecurity.

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