China rejects US hacking claims before Trump-Xi meeting

BEIJING — China's government has rejected a U.S. report that accuses Beijing of stepping up efforts to steal technology ahead of a meeting between Presidents Donald Trump and Xi Jinping.

The Commerce Ministry on Thursday accused Washington of destroying trade relations and rejected the U.S. Trade Representative's report as "groundless accusations."

Both sides have raised tariffs on billions of dollars of each other's goods in a fight over U.S. complaints that Beijing steals or pressures companies to hand over technology.

The USTR report said computer hacking attacks traced to China and aimed at stealing American technology have increased this year.

Trump and Xi are due to meet this month in Buenos Aires during a gathering of the Group of 20 major economies.

Related News

Trump breaks ice with China's Xi in letter...

Feb 9, 2017

US-USA-TRUMP-CHINA:Trump breaks ice with China's Xi in letter seeking 'constructive' ties

New Zealand central bank shifts focus to external...

Feb 9, 2017

US-NEWZEALAND-CENBANK-ASSISTANTGOV:New Zealand central bank shifts focus to external risks:...

Philippine minister says mine closures in...

Feb 9, 2017

US-PHILIPPINES-MINING:Philippine minister says mine closures in watershed areas non-negotiable

Australian banks face renewed push for intrusive...

Feb 9, 2017

US-AUSTRALIA-BANKS-INQUIRY:Australian banks face renewed push for intrusive inquiry

Pope says 'at peace' confronting Vatican...

Feb 9, 2017

US-POPE-CORRUPTION:Pope says 'at peace' confronting Vatican corruption, sex abuse

Macquarie, ING join Apple Pay in Australia in...

Feb 10, 2017

US-APPLE-AUSTRALIA-BANKS:Macquarie, ING join Apple Pay in Australia in challenge to Big Four

Search
Financial Markets

Sign up now!