China and South Korea are expanding their submarine fleets as the U.S. Navy shrinks its own. The conservative Heritage Foundation in a report last Tuesday said that by 2025 the number of U.S. submarines in the Pacific Ocean will fall from 30 to 27 while China will have 78 submarines and South Korea 26.
The [...]

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A sharp slowdown in China is one of the biggest threats to future prosperity, the World Economic Forum said in its latest assessment of the risks that mankind faces.
A slowdown could lead to serious unemployment and social unrest in China and badly hit the country’s trading partners, as well as global commodity and capital markets,…
Chinese [...]

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Google and the National Security Agency (NSA) are engaging in a cooperative investigation to determine who exactly from China was trolling through Google’s proprietary networks, including e-mail exchanges of Chinese dissidents. They are also joining together to develop new defenses against malicious intrusion and attacks on America’s cyberinfrastructure.
Though America’s cybervulnerability has long been a concern [...]

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MORE than half of Chinese people questioned in a poll believe China and America are heading for a new “cold war”.
The finding came after battles over Taiwan, Tibet, trade, climate change, internet freedom and human rights which have poisoned relations in the three months since President Barack Obama made a fruitless visit to Beijing.
An independent [...]

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China has acknowledged that its export-driven economy took a beating in 2008 and 2009, but Western analysts, most of whom are suspicious of Beijing’s willingness to concede downturns, think China may have even slipped into a recession.
With suspicious statistics, China obscures economy – Washington Times

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Real estate, stocks, credit. China sure has its share of bubbles. Oddly, little attention is paid to the biggest one of all.
China’s currency reserves grew by more than the gross domestic product of Norway in 2009. Its $2.4 trillion of reserves is a bubble all its own, one growing before our eyes with nary a [...]

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While the furor over cyber attacks against Google has lapsed somewhat, the Sino-American confrontation over the larger issue of Internet security and global digital warfare is expected to intensify in the near future. This is particularly in light of the deterioration of bilateral ties due to issues ranging from the value of the renminbi to [...]

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US and China haven’t been on great terms as of late because the Americans are sending $6.3 billion worth of arms to Taiwan – the Americans are trying to provoke China into helping them impose sanctioning Iran to try to halt Tehran’s nuclear ambitions. China got really upset at the arms sale and threatened sanctions [...]

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However, China’s will to take such measures is in doubt. China is aware that, despite its huge holdings of U.S. treasury debt, imposing serious sanctions on U.S. firms will leave it exceedingly vulnerable to U.S. retaliation. The Chinese economy, for all its rapid growth, is fundamentally misaligned, and its leaders are struggling to make adjustments [...]

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Such seemingly unrelated events feed into China’s paranoia, analysts say. “Beijing will connect the dots of recent events,” said Jiang, the University of Alberta professor. “The U.S. government criticisms on Internet freedom in China and now the arms sale to Taiwan — [China] will use these events as proof that the Obama administration is now [...]

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