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China to talk currency, procurement reforms 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.

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Biden says China cyber-theft must stop

WASHINGTON Vice President Joe Biden said Wednesday that China’s rise is good for the U.S. and the world but its theft of U.S intellectual property must stop, as the two global powers began annual talks to build cooperation and hash out their deep-seated differences.

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