Cybersecurity Remains Divisive Issue Between U.S. and China After Summit

On Saturday, June 8, United States President Barak Obama and Chinese President Xi Jinping wrapped up a summit in California. In the two-day talks, the leaders discussed many topics, including cybersecurity and intellectual property. Finnegan partner Kenie Ho told IT Business Edge, “It’s good that President Obama and President Xi are meeting. Intellectual property is often the most important asset of any business, especially in high-tech nations like the United States and China. As companies in these two countries do business in the global economy, it is important that they treat each other fairly. Cyber-theft and IP theft have no place between nations that respect and do business with each other. Such activities only inhibit growth and innovation in the long run because they prevent the building of trust for collaborative development and research.”