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Illustration: Sarah Grillo/Axios

With the flourish of a significant concession, China said today that it will punish companies and individuals who steal intellectual property, a primary U.S. complaint. But China hands are skeptical.

"What they’ve done in the past is fail to enforce or, when they have to enforce, find somebody they don’t like, blame them, and then say to the Americans, 'See?'"
— Jim Lewis of the Center for Strategic and International Studies

The backdrop: Over the years, China has routinely batted away allegations of government-backed IP theft as hearsay, even when among the things stolen were plans for the F-35 fighter jet and a supersonic U.S. undersea missile.

The Xi-Obama agreement was good as far as it went, but it did not go far enough, says Samm Sacks, a cyber policy fellow at New America, a think tank.

  • One major omission: The deal omitted a separate issue — forced technology transfers through which Beijing compels U.S. companies to share secrets with Chinese partners in order to gain access to China's massive market.
  • Sacks expresses doubts that the transfers will stop.
  • "I have not seen any indication from the Chinese side that this is an issue that they have any plans to address," Sacks says.

Go deeper: Why Chinese theft of U.S. tech is hard to stop

Go deeper

31 mins ago - Politics & Policy

Democrats propose raising debt ceiling through midterms

Speaker of the House Nancy Pelosi and Senate Majority Leader Chuck Schumer. Photo: Stefani Reynolds/Bloomberg via Getty Images

House and Senate leadership announced on Monday that they plan to attach a proposal to raise the debt ceiling through Dec. 2022 to a short-term, government funding bill. The bill must pass before the end of the month or Congress risks a shutdown.

Why it matters: Democrats are taking a huge risk by trying to force through an increase of the debt limit in its must-pass funding bill. The move is wishful thinking on behalf of Democrats who are hoping they can get at least 10 centrist Republicans to balk, as well as an effort to put Republicans on record opposing it.

Biden to stress U.S. does not seek new Cold War in UN speech

Photo: Al Drago/Getty Images

President Biden will use his first address before the UN General Assembly to lay out his vision for an era of "intensive diplomacy" with allies and "vigorous competition" with great powers — without a Cold War with China.

Why it matters: Biden will take the podium in New York on Tuesday with his own international credibility in question after the chaotic withdrawal from Afghanistan. His administration also is struggling to build international momentum to fight climate change, the pandemic and rising global authoritarianism.

6 hours ago - Health

Biden administration to lift travel ban for fully vaccinated international travelers

Photo: Win McNamee/Getty Images

White House COVID-19 response coordinator Jeff Zients announced on Monday that the Biden administration will allow fully vaccinated travelers from around the world to enter the U.S. beginning in November.

Why it matters: The announcement comes as President Biden seeks commitments from countries to donate vaccines to the global COVAX initiative. He is expected to host a COVID summit on the sidelines of the UN General Assembly this week, and many of the countries attending have expressed frustration with the travel ban.