(Bloomberg) -- It’s too early to proclaim a U.S.-Chinese agreement to curb the theft of corporate trade secrets a success, according to the chief cyber diplomat at the State Department.

Nine months after Chinese President Xi Jinping and U.S. President Barack Obama vowed that they wouldn’t condone hacking to steal commercial secrets, the U.S. is closely monitoring whether China carries out any "intrusions and theft of intellectual property," Christopher Painter, the department’s coordinator for cyber issues, said in an interview.

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