Barack Obama, Chinese president Xi Jinping urge new relations amid hacking row
Updated 1 hour 34 minutes ago
In their first meeting since Mr Xi assumed the presidency in March, Mr Obama voiced hope the US superpower and fast-growing China "can forge a new model of cooperation between countries based on mutual interest and mutual respect."
"It is in the United States' interests that China continues on the path of success because we believe that a peaceful and stable and prosperous China is not only good for the Chinese, but also good for the world and the United States," Mr Obama said.
Mr Obama wasted no time in hitting a key theme of the visit from the US side - complaints of an allegedChinese internet spying effort targeting American military and commercial secrets and intellectual property.
He voiced concern over the alleged theft - which a recent study said was costing the US economy hundreds of billions of dollars a year - and urged "common rules of the road" to protect against hacking.
"President Xi and I recognize that, because of the incredible advances of technology, the issue of cybersecurity and the need for rules, and common approaches to security, have become increasingly important," Mr Obama said.
"It's critical, as two of the largest economies and military powers of the world, that China and the United States arrive at a firm understanding."
Mr Obama, who will hold a second day of talks with Mr Xi on Saturday, said they had not yet discussed cyber-security in-depth.
Ahead of the summit, the two countries announced working-level talks to clear up the issue.
Mr Xi said he wanted "good-faith cooperation" to clear up "misgivings" by the United States about cybersecurity, telling reporters that China was also "a victim of cyberattacks."
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