President Xi has issued a stern warning to protesters in Hong Kong, saying the protests will end in “crushed bodies and shattered bones”.
Violent protests, which began in June, are continuing. The protests are over Chinese government interference in Hong Kong. Many fear that the Chinese government may send in the military to quash the protests. Police have been secretly infiltrating the protesters in a bid to stop the movement; and there are reports that mainland Chinese forces are aiding Hong Kong police already.
Read More: BBC
It has been reported the Iran will soon hold a joint naval drill in international waters with China and Russia. The exercise will be held in the north Indian Ocean.
The announcement came after the US announced they will be sending a moderate number of troops to the Gulf region. This is in response to attacks by Iran on Saudi Arabia’s oil facilities.
Read More: Yahoo Finance
Trump’s policy on dealing with Xi Jinping ’s China has seen Chinese tech firms placed on an “entry list”. This has stopped US firms doing business with these Chinese firms, and thus hampering their ability to advance Chinese development of AI and machine learning.
However, Trump is keen to strike a trade deal before the next election. This could see him remove Huawei from the entry list, as part of a future deal. This could prove disastrous to the US economy long term.
The next fight is over who controls 5G technology. If Trump holds his nerve US companies have the technology to control the market. However is Huawei accesses US technology they could control the market.
Read More: George Soros
The Chinese- US trade war has seen US actors axed from Chinese productions. The Chinese film market has seen tremendous growth in recent years, and many US actors have flocked to the country to fill roles in films as foreigners. However, Chinese agencies have been axing these actors from their books.
“My agency in China ended our contract claiming the trade war with America amounts to force majeure. I can only assume it looks bad for them to be working with an American,” said Matt William Knowles, who was cut from a $75m project last month.
Read More: Business Fast
A simple hymn sung in Hong Kong’s churches has become the anthem of the protesters across the city. The protests are about new extradition laws that China want to impose on Hong Kong.
At first the Christian protestors hoped the hymn would release tensions with the police. For Christians the protests are not only political but also religious. They can see the new laws being used to limit religious freedoms they enjoy, but are not shared by the church in mainland China. Many Christians in Hong Kong have smuggled Bibles to the mainland, and the new laws could see them arrested and sent their to face trial. Hong Kong is also a safe haven for Chinese believers who have fled the persecution of the mainland.
However, the hymn has quickly been taken up by all the protestors, not only those of faith. The Hong Kong authorities have said have suspended the bill, however protestors say they will continue until the bill is scrapped entirely.
Read More: BBC
Missouri’s Sen. Hawley has introduced legislation to protect university research being stolen by nations like China, Russia, and Iran. He has said that Universities have been long targeted by these nations in a bid to steal intellectual property and spy on research that has national security implications.
The legislation would require students to undergo screening before being allowed to participate in sensitive research.
Read More: The Daily Caller
Google and other tech giants are making moves to move their business out of China in order to avoid the 25% tariffs being introduced.
Google is reportedly moving the production of servers and motherboards out of the nation.
Wistron Corp, a Taiwanese firm which produces hardware for tech giants like Facebook and Microsoft are also looking to move operations out of China, and perhaps to the U.S.
Read More: The Daily Caller
China has long been developing its naval capability. Western nations are now concerned about the size and capability of the Chinese submarine force. It is believed that China has developed a fleet of submarines capable of carrying ballistic missiles and nuclear warheads.
This comes at a time when China is showing increasing interest in the Arctic. For example Denmark are concern by Chinese plans to build a research station and satellite base on Greenland.
Despite having no land on the Arctic, China has been increasing submarine activity in the region. So far China have openly sought to increase their civilian activity in the region; however Arctic nations say this will lead to an increase in military activity.
Read More: Reuters
There have been many reports in recent months about the systematic approach Chinese hackers have taken to access sensitive US information. These cyber attacks have been against US business, governmental and military agencies.
A confidential report has now revealed that the Chinese hackers have compromised weapons designs.
The Chinese military have been seeking to modernise their weapons systems and challenge the military superiority of the US. Experts believe one of their tactics has been to steal military secrets to use in the advancement of their own military technology.
Senior members of the military with knowledge of the latest wave of cyber attacks have said the vast majority have been carried out by the Chinese. These attacks have prompted President Obama to step up the rhetoric against China, warning them to stop the rampant cybertheft.
Read More: The Washington Post
Ahead of the BRICS summit in South Africa, China and Brazil have struck a deal which will see the two emerging economies trade in each others currencies, and not the dollar.
The deal amounts to around $30 billion per year, and is the most significant step the nations have taken to shift the dynamics of global trade away from the dollar.
The BRICS nations (Brazil, Russia, China, India and South Africa) have long sought to change the balance of global trade away form the dollar, which is presently the global reserve currency.
The BRICS summit will also discuss the formation of a new International Development Bank, which they hope will serve as an alternative to the World Bank. The BRICS leaders argue that the establishment of a new development bank would make the global banking system more democratic.
Read More: International Business Times
A report by Mandiant, an American computer security company, has detailed the extent of Chinese government backed hacking of America.
Mandiant spent three years compiling evidence and now claim to have located the Chinese Liberation Army’s global hacking HQ. A 12 story building in a suburb of Shanghai, has been identified as the possible source of state funded cyber attacks, the report claims.
The report details how Chinese cyber attacks have targetted US businesses as well as government agencies. The hackers have been stealing sensitive corporate information, and have even gained access to government agencies which control fundamental US infrastructure. Theoretically, hackers could manipulate crucial infrastructure including water supply and power grids.
Jay Carney, a spokesman for the White House, said: “We have repeatedly raised our concerns at the highest levels about cyber theft with senior Chinese officials including in the military and we will continue to do so.”
Sen Diane Finestein has also said that the problem of hacking from China and other states requires further legislation. However, security experts have pointed out that international laws are already in place that prohibit such activities, and that China has repeatedly failed to tackle the problem of hacking within it’s country.
The Chinese government has been quick to attack the Mandiant report, saying it lacks technical proof.
The leading Chinese Social Sciences division of its government indicated this week that they would be funding a project to create a Tibetan Buddhist dictionary.
The dictionary will include terminologies, old books, records, figures and locations all related to Tibetan Buddhism.
The dictionary will be available in Tibetan and Chinese.
Internet hackers have hacked into the US Chamber of Commerce computer systems. The attack appears to have been undetected for more than a year, and targeted four individuals computers who held sensitive information concerning trade in Asia.
Such attacks are not uncommon apparently. China has been found responsible for hacking governmental, military and industry targets in the past. America’s cyber security systems are proving inadequate to cope in this new era of cyberwarfare. However, the US military are taking the threat very seriously and are recruiting 10,000 “cyber warriors” to help defend America and her interests.
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