White House Readying Sanctions Plan Against Chinese Firms for Cybertheft

The Wall Street Journal (online registration required): WASHINGTON—The White House is preparing a menu of sanctions against Chinese state-owned enterprises and private companies that officials believe benefited from the cybertheft of U.S. corporate secrets, several people familiar with the matter said.

The White House hasn’t decided definitively to impose the sanctions, but the process is far along and involves advanced planning from multiple federal agencies, the people said.

Read article