China's spy deal with Germany brings hope for peace in cyberspace
If two big powers want to develop a friendly and fruitful economic relationship, there has to be a foundation of trust and respect.
Nowhere has this principle been tested so sorely as in cyberspace.
High-tech espionage has undermined confidence in business as usual, let alone risk-taking investment. That is not good for global stability and economic growth.
It is therefore welcome news that a way forward may emerge in negotiations between China and Germany that began after Chancellor Angela Merkel visited Beijing last month.
Ambassador Michael Clauss does not rule out promotion of bilateral innovation co-operation in the two countries' development strategies for their manufacturing sectors.
The talks may become a landmark in China's efforts to reduce conflict with the West over cyberattacks on business and government.
Lack of protection of IP rights and data security compound other perceived negatives for foreign investment in China, such as market access and slow internet speeds.
If the negotiations between China and the European economic powerhouse of Germany result in real progress that can only be an incentive for a Sino-US consensus on cybersecurity that is positive for co-operation and innovation.