Space News from SpaceDaily.com
Yellen raises 'serious concern' to China after US Treasury cyberattack
ADVERTISEMENT


Washington, Jan 7 (AFP) Jan 07, 2025
US Treasury Secretary Janet Yellen raised concerns Monday to Beijing about "malicious cyber activity" by Chinese state-sponsored actors, days after her department reported such a breach.

The incident, which the US Treasury Department disclosed last week, happened in December and resulted in access to some of its workstations and unclassified documents.

In a virtual meeting with Chinese Vice Premier He Lifeng, Yellen "expressed serious concern about malicious cyber activity by PRC state-sponsored actors," the Treasury said in a statement, referring to the People's Republic of China.

Yellen also flagged the impact of such issues on the US-China relationship, the statement said.

But Beijing has rejected accusations that a state-sponsored actor was behind the cyberattack, calling the claims "groundless."

The Chinese foreign ministry said previously that Beijing "has always opposed all forms of hacker attacks, and we are even more opposed to the spread of false information against China for political purposes."

Yellen's talks with He come shortly before the United States is due to see a change in leadership, with President-elect Donald Trump returning to the White House later this month.

Trump's first presidential term saw Washington engage in an escalating tariff war with Beijing, and temperatures could rise again between the world's two biggest economies.

On Monday, Yellen warned Beijing too of "China's non-market policies and practices and industrial overcapacity," which would weigh on bilateral ties unless addressed, the statement said.

Besides discussing macroeconomic developments in both countries, Yellen and He also took stock of efforts by economic and financial working groups that they jointly established previously.

"Both sides agreed about the importance of communication and contact," the Treasury Department said.


ADVERTISEMENT





Space News from SpaceDaily.com
NASA eyes SpaceX, Blue Origin to cut Mars rock retrieval costs
US company Firefly Aerospace to launch for Moon next week
Capture theory unveils how Pluto and Charon formed as a binary system

24/7 Energy News Coverage
Integrated spin wave storage advances quantum networks
New quantum sensing technology reveals sub-atomic signals
RoboForce secures $10M to launch AI-powered robotic workforce

Military Space News, Nuclear Weapons, Missile Defense
Trump says NATO members should raise defense spending to 5% of GDP
Scholz rejects drastic rise in German defence spending
Raytheon awarded $946M contract to deliver additional Patriot Defense Systems

24/7 News Coverage
Tiny plants reveal big potential for boosting crop efficiency
Rescuers search for survivors after quake in China's Tibet kills at least 126
The ancient copper industry in King Solomon's mines did not pollute the environment



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.