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China Warns Washington, Denies Hacking

From an understanding Reuters:

China’s military warns Washington, denies hacking

Wed Feb 24

BEIJING (Reuters) – China’s military warned the United States on Thursday to "speak and act cautiously" to avoid reigniting tensions between the two powers, denying the People’s Liberation Army played a part in Internet hacking.

Huang Xueping, spokesman for the Chinese Ministry of Defense, said his government would not reverse its decision to suspend "bilateral military plans" with Washington after it said in late January that it would sell $6.4 billion of arms to Taiwan, the self-ruled island Beijing claims as its own.

In January, the giant Internet search company Google Inc threatened to pull back from China after complaining of censorship and hacking attacks on it and other companies.

Analysts said those attacks were sophisticated operations, possibly overseen or abetted by the Chinese military.

The hacking dispute has added to tensions with Washington over quarrels ranging from trade and the Chinese currency to a meeting last week between U.S. President Barack Obama and exiled Tibetan leader the Dalai Lama, who China reviles as a "separatist" for demanding self-rule for his homeland…

"China demands that the U.S. speak and act cautiously, to avoid causing further damage to relations between the two countries and their militaries," said Huang.

"Linking Internet hacking activities to the Chinese government and military is totally unfounded and utterly irresponsible," he said. "This is stirring up a fuss for ulterior motives."

The Internet hacking dispute made fresh headlines recently after reports that the attacks had been traced to two schools in China, and that the writer of the spyware used had been identified as a Chinese cyber-security consultant.

The prestigious Shanghai Jiaotong University and the previously little-known Lanxiang vocational college, a high-school level institution, have both denied any role.

And yet another warning from China’s Xinhua news agency:

China defends move cutting U.S. Treasury securities holdings

2010-02-25

BEIJING, Feb. 25 (Xinhua) — China defended its move to reduce its holdings of U.S. Treasury securities, saying the United States should take steps to promote confidence in U.S. dollar.

Foreign Ministry spokesman Qin Gang made the comment Thursday when responding to questions on China’s sale of U.S. Treasury securities last December.

Qin said the issue should be viewed from two perspectives.

He said on the one hand, China always followed the principle of "ensuring safety, liquidity and good value" in managing its foreign exchange reserve. And when it came to how much and when China buys the bonds, the decision should be made taking into account the market and China’s need, so as to realize rational deployment of China’s foreign exchange property, he said.

And on the other hand, the United States should take concrete steps to beef up the international market’s confidence in the U.S. dollar, Qin said.

The way to view the issue was similar to doing business, he said.

China trimmed its holdings of U.S. debt by 34.2 billion U.S. dollars in December 2009, leaving Japan the largest holder of U.S. Treasury securities, the U.S. Treasury Department reported on Feb. 16.

As of the end of November last year, China held 789.6 billion U.S. dollars of U.S. Treasury bonds.

And you can bet that the Chi-coms are watching the current ‘healthcare debate.’

This article was posted by Steve on Thursday, February 25th, 2010. Comments are currently closed.

4 Responses to “China Warns Washington, Denies Hacking”

  1. Petronius says:

    “the United States should take concrete steps to beef up the international market’s confidence in the U.S. dollar, Qin said.”

    What interesting times we live in. When the Red Chinese can lecture us on capitalism.

    I am reminded that China has moved into third place in world economies, and Japan is second.

    And just think. They did all this without diversity.

    Ceterum censeo hostem esse delendum.

  2. canary says:

    actually, my first thoughts were Obama’s own personal army of it guru’s, the first of it’s kind for U.S. president. Now China knows how we feel.

  3. Mithrandir says:

    I have no idea why the Chinese don’t attack our monitoring vessels and planes in the area. I mean, would we tolerate sophisticated Chinese vessels roaming around in international waters off our coast?

    Would we tolerate their monitoring planes tip-toeing along our airspace?

    Would we allow the Chinese to get involved with supplying Cuba with arms? (like we do Taiwan)

    Would we allow China to have a nearby military base (like we have in Japan), “just in case?”

    I mean, from their perspective, we must be an incredible meddling nuisance! No wonder they are always mad at us. Yet again, thanks to our micromanaging lawyer class we keep electing, we can expect such derision from others.

    • Confucius says:

      It’s likely because the Chinese government can’t win in a physical conflict against the U.S.

      This is also likely why they engage in more covert actions like cyber-attacks, espionage and engineered financial destruction.


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