Lew Says China Needs Market Policies and Stop Spying
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U.S. Treasury Secretary Jacob J. Lew called on China to adopt more market-oriented policies and drew a distinction between industrial espionage and the cyber warfare and spying that governments undertake.
China’s transformation and the U.S. recovery will be the focus of talks between the world’s two largest economic engines scheduled in Washington the week of July 8. Chinese theft of trade secrets from American companies will also be high on the agenda, Lew said at a conference in Aspen, Colorado, yesterday.