“The theft of intellectual property by the People’s Republic of China costs America as much as $500 billion a year,” U.S. counterintelligence chief William Evanina told Newsweek. ( read original story …)
Monthly Archives For September 2020
Journalists get caught in the middle of souring U.S.-China relations
Like many Western news organizations, The Post has been caught in the middle of tensions between two superpowers that is already limiting the flow of independent news and information from the country … ( read…
Pentagon chief says China is no match for the US Navy, even if it has more ships
Even if we stopped building new ships, it would take the [People’s Republic of China] years to match our capability on the high seas,’ he said. ( read original story …)
China-Backed Hackers Broke Into 100 Firms and Agencies, U.S. Says
In indictments against five Chinese nationals, the Justice Department described sophisticated attacks to hijack networks and extort universities, businesses and nonprofits. ( read original story …)
China-Backed Hackers Infiltrated Firms Across the Globe, U.S. Says
The Justice Department charged five Chinese nationals with breaking into 100 firms and agencies to steal information, hijack networks and extort victims. ( read original story …)
Eastworld Spotlight: Face-off between US and China will be negative for the US economy
Trade tensions might have consequences for the US. ( read original story …)
Justice Department slams China in hacking scheme for ‘stealing intellectual property, stifling freedom’
Five members of an alleged Chinese hacking group have been indicted for their role in a scheme to hack into more than 100 companies in the U.S., the Justice Department announced. ( read original story…
China’s home foreclosures soar as nation’s debt-fuelled property bull run sputters on falling income and dim job prospects
Nowhere is the problem more serious than in Guangzhou, where 33,000 foreclosures were reported in a city whose economy shrank 2.7 per cent last year, more than the national average of 1.6 per cent. (…
Blockchain Bites: The SEC’s Chilling Effect on Crypto Development
A slew of regulatory happenings are in the works: a Bahamian CBDC, a potential ban on crypto trading in India and a plan to unify compliance standards in the U.S. ( read original story …)
Beijing’s concerns loom over Nvidia’s $40bn Arm deal
China’s chip industry has urged Beijing to investigate Nvidia’s $40bn takeover of Arm, warning that the deal will hand the US control over key technology used in almost all mobile phone chips. Zhu … (…
Government took loan from bank where China is the majority stakeholder, says Congress
The much-touted policy of the Modi government to crack down on Chinese business relationships with India stands exposed, the Congress said at a press conference here on Wednesday, pointing out the … ( read original…
China presents a ‘huge opportunity’ for investors right now, top ETF issuer says
The bull case for Chinese stocks is crystallizing as the country claws its way back from the economic damage of Covid-19, says Luke Oliver of DWS Group. ( read original story …)
US prosecutors allege widespread China-based hacking plot
The US Department of Justice announced charges against five Chinese citizens on Wednesday in what prosecutors called a wide-ranging computer hacking conspiracy that targeted more than 100 companies … ( read original story …)
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