A panel of security and policy experts said that, despite dire warnings about the information warfare capabilities of China and other developing nations, the risk of an all-out cyber war is remote. International diplomacy, multilateral agreements that clarify the parameters for peaceful and hostile cyber actions and a strong offensive deterrent were a must. The Chinese military appreciates that both it and the U.S. have cyber offensive capabilities and defensive vulnerabilities big stones, and plate glass windows, said James Lewis, a Senior Fellow at the Center for Strategic and International Studies.
Source: https://threatpost.com/despite-intrusions-chances-us-china-cyber-war-are-small-030112/76271/