U.S. halted plans to sanction Chinese spy agency to maintain trade truce, FT says

The United States has halted plans to impose sanctions on China’s ministry of state security over a massive cyber spying campaign to avoid derailing a trade truce struck by both countries this year, the Financial Times said on Wednesday (Dec 3).

Chinese-linked hackers had previously targeted a host of US and global telecommunications companies and a U.S. state’s Army National Guard network in a wide-ranging and years-long cyber espionage campaign tracked as Salt Typhoon.

President Donald Trump’s administration will also not enact major new export controls against China, the report said, citing several US officials and others familiar with the situation.

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