China Breaking News: U.S. Opens China Talks With Cyber Complaints, Vow to Boost Trust

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China Breaking News: U.S. Opens China Talks With Cyber Complaints, Vow to Boost Trust

China Breaking News: U.S. Opens China Talks With Cyber Complaints, Vow to Boost Trust
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China Breaking News: U.S. Opens China Talks With Cyber Complaints, Vow to Boost Trust

by Wochit 0:55 mins

U.S. officials appealed to China's self-interest with calls for deeper economic reforms and a halt to cyber espionage - changes they said would benefit both nations. Companies like Sony, Nintendo, and Microsoft may soon be able to sell their game consoles in China, though there are a couple of catches. The Chinese government is expected to terminate its 13-year-old ban on the sale of game consoles. The lifting of the ban is part of an overall strategy to create a "Shanghai free trade zone" in order to open up the Chinese economy to other countries. Stocks opened little changed, following weaker-than-expected data from China and as investors awaited the release of minutes from the Federal Reserve's June meeting.

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