• Reuters, Kyodo

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President Barack Obama announced on Friday that he had reached a “common understanding” with Chinese President Xi Jinping on curbing economic cyber-espionage, but threatened to impose U.S. sanctions on Chinese hackers who persist with cybercrimes.

The two leaders also unveiled a deal to build on a landmark emissions agreement struck last year, outlining new steps they will take to deliver on pledges to slash their greenhouse gas emissions.

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