Obama prepared to impose financial sanctions on China for alleged hacking

The Obama administration reiterated that financial sanctions against China were “on the table” over alleged cyber-attacks on Thursday as President Xi Jinping of China arrived in Washington for the first time.

Obama, who will dine with Xi on Thursday night, is expected to address hacking concerns, notably the disastrous breach of the Office of Personnel Management (OPM), which exposed the personal information (including psychiatric evaluations and background checks) of some 21.5 million current, former and prospective federal workers.