China agrees to help Canada tackle corporate hacking

Asian giants China has agreed to help Canada tackle corporate hacking. The agreement was reached as part of ongoing bilateral security and trade talks.

Western governments have accused Chinese hackers of stealing valuable proprietary technologies and business secrets from high-tech and pharmaceutical companies, as well as manufacturers.

Beijing has publicly denied wrongdoing.

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China and Canada “agreed that neither country’s government would conduct or knowingly support cyber-enabled theft of intellectual property, including trade secrets or other confidential business information, with the intent of providing competitive advantages to companies or commercial sectors,” an official statement said.

Beijing has recently signed similar agreements with Australia, Britain, the United States and others—all of which had accused China of wrongdoing.

 

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