By Michael Martina BEIJING (Reuters) - Cybersecurity threats must be addressed without creating barriers to trade or investment, U.S. Secretary of Commerce Penny Pritzker said on Tuesday during a visit to China as part of a trade delegation. U.S. officials, including President Barack Obama, have raised concerns about cybersecurity regulations China is now considering that could limit foreign technology companies' opportunities, including a draft anti-terrorism law and so-called "secure and controllable" rules on banking technology. "I have heard from numerous American CEOs that they are either avoiding the Chinese market or planning to reduce their exposure here, because they fear that the rules favor indigenous companies or that their intellectual property is at risk, or they worry that regulations will change unfairly," Pritzker said in a speech. "These fears are real, and as a result it's a lose-lose situation." China's new policies represent one of its most significant steps toward curbing foreign technology, 18 months after former National Security Agency contractor Edward Snowden disclosed that U.S. spy agencies planted code in American tech exports to snoop on overseas targets.
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