So is he claiming that the gigantic US intelligence apparatus is *not* spying on China? In that case what are they wasting all that money on?
US President Barack Obama took his Chinese counterpart Xi Jinping to task over the weekend for the Communist state's alleged swiping of American intellectual property. White House national security advisor Thomas Donilon told reporters that the president had gone over the issue of cyber-espionage and the digital theft of …
Monday 10th June 2013 14:27 GMT Quxy
"cybersecurity [is] now really at the centre of the relationship"
Apparently so... now that the US has authorised offensive cyber attacks on economic grounds*.
[*] However,"operations that are likely to result in... major economic impact... require Presidential approval". So that's OK then.
Monday 10th June 2013 14:51 GMT h3
The "gigantic intelligence apparatus" is going to make things easier for China.
(The even funnier thing in a not very nice way is that sort of thing is exactly what China does and the US condemns.)
I just don't get why politicians would ever go for things like this.
Maybe they are just better at lying to themselves than I am.
(I think it is almost certain at some point these things will be used for great evil. The only question is when. Stalin or Hitler would have loved this type of technology.)
Monday 10th June 2013 16:52 GMT Anonymous Coward
Monday 10th June 2013 20:40 GMT GotThumbs
Whose got the purse strings?
Just waiting for China to call due all the loans to the US.
Over 1 Trillion in loans to the US and China just needs to call in the debt to further destabilize the US IMO.
Obama has shown he has zero clout/weight/credibility when it comes to foreign leaders. Case in point: When the Chilean president took it upon himself to sit at the presidents desk in the oval office....that's not a trivial matter. I'd bet the Chilean leader even passed gas while in the chair just for good measure.
There is significant meaning behind that bold move to sit in a leaders chair in that nation's capital. That would be like Obama sitting in the queens throne IMO. Totally inappropriate and disrespectful.
Tuesday 11th June 2013 08:27 GMT James Micallef
Re: Who's got the purse strings?
"Who's got the purse strings?"
Unfortunately that's not how debt works in real life. If I owe the bank a $10k loan that I took out to buy a car, then if I default they'll send round the bailiffs to take the car back. If my company owes the bank $10million that I can't pay now, the bank is usually better off deferring the loan so I can pay it later rather than forcing me to bankruptcy and never seeing anything of the loan again.
China is in the same position with respect to US. If China calls in the debt all at once and the US can't pay, the US will either default or super-inflate the dollar, and either way China loses out. It's a much better bet for China to use US debt to buy US assets (or indeed anywhere in the world)
Monday 10th June 2013 21:06 GMT Anonymous Coward
Monday 10th June 2013 22:40 GMT W. Anderson
Real push or American bravado!
Unless one can hear the audio exchange between President Obama and President Xi Jinping of China, the reports of Mr. obama's "tough tone" talking points to the Chinese leader ae purely hearsay and American bravado in play.
I remember quite clearly the US media and White House Press claiming that President Bush (2nd) "demanded" that the Saudis enact sactions against Iran, when it was revealed shortly thereafter that the "truth" - via audio tapes from the Saudi Arabian government, clarified that the USA president politely and meekly "asked" the Saudi King to support US efforts in sanctions against this and other countries.
Neither President Bush, nor anyone in his Cabinet, or those that accompanies him on that trip or any other prominent Republican politician ever disputed, to any degree what-so-ever, that the tapes were false or incorrect.
This present situation with the Chinese leader could very well be exactly the same.
Tuesday 11th June 2013 06:13 GMT Adam Inistrator
I think China has vastly more to gain by spying on American corps than vice versa. Much US tech has been developed because of their strong capitalism and legal system. China is a primitive pick pocket by comparison regardless of their economic boom. If and when China starts generating new tech then they will have our true respect.