U.S. vows to keep pressing China on bank cybersecurity rules

Washington will keep pressing China to pause new bank cybersecurity rules that have upset U.S. companies and is working with Japan and the European Union to present a united front, a senior U.S. official said on Wednesday. Deputy Trade Representative Robert Holleyman said he raised the new rules, which would force technology vendors to Chinese banks to hand over secret source code and adopt Chinese encryption algorithms, with Chinese officials during a visit last week. "There are a lot of a