China agrees to currency, procurement reforms in talks with US

WASHINGTON: China acknowledged U.S. concerns about cyber theft of intellectual property and trade secrets and agreed to steps that would open its financial and government procurement markets, the U.S. Treasury Department said on Friday.

China trade secret theft a "grave problem": U.S. trade agency

WASHINGTON (Reuters) - The United States is gravely concerned about the impact that Chinese theft of U.S. trade secrets is having on American companies and the economic security of the United States, the U.S. Trade Representative's office said on Wednesday.