News | September 29, 2015 03:10 AM EDT

Will the US-China Cybersecurity Pact Work? - Voice of America

The new cybersecurity agreement signed by U. S. President Barack Obama and his Chinese counterpart Xi Jinping last week marks a significant first step for both governments to join forces in clamping down on commercial espionage in the cyberspace, analysts say. But many remain skeptical if concrete actions will follow.

President Obama told a joint news conference on Friday that both countries had “affirmed the principle that governments don't engage in cyber espionage for commercial gain against companies" while President Xi stressed such cooperation would be mutually beneficial.

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