President Obama, coming out of a meeting with Chinese President Xi Jinping where the country’s suspected hacking was expected to factor heavily, announced Friday the two nations have reached a preliminary agreement on cyber-theft — and said he indicated to Xi that the cyber-threat “has to stop.”

Speaking in the Rose Garden alongside the Chinese leader, Obama said he raised with his Chinese counterpart the United States’ “very serious concerns about growing cyber threats to American corporations and American citizens.”

He added, “I indicated that it has to stop.”

Read the article “Obama Says US, China Reach Agreement on Cyber-theft” on foxnews.com.