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Post by Admin on Sept 2, 2018 18:10:22 GMT
A Chinese state-owned company reportedly hacked former Secretary of State Hillary Clinton’s email server, then inserted code that forwarded them a copy of virtually every email she sent or received after that -- a revelation President Trump is demanding be investigated.
The Daily Caller reported that the firm operating in the D.C. area wrote code that was then embedded in the server and generated a “courtesy copy” for almost all her emails -- which was then forwarded to the Chinese company.
The code reportedly was discovered in 2015 by the Intelligence Community Inspector General (ICIG), which then warned FBI officials of the intrusion.
A source briefed on the matter confirmed to Fox News the details of the Caller’s reporting, and said that the ICIG was so concerned by the revelation that officials drove over to the FBI to inform agents -- including anti-Trump agent Peter Strzok -- of the development after it was discovered via the emails' metadata.
The source told Fox News the hack was from a Chinese company, describing it as a front for Chinese intelligence.
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Post by Admin on Sept 21, 2018 18:11:19 GMT
China has told the US to withdraw sanctions on its military over purchases of Russian jets and missiles or "bear the consequences". The US says China has contravened US sanctions on Moscow introduced over Russian actions in Ukraine and alleged interference in US politics. China recently bought 10 Russian Sukhoi Su-35 fighter jets and S-400 missiles. Beijing has not joined in the sanctions imposed on Moscow by the US and its Western allies since 2014. Its forces took part in giant Russian war games held earlier this month. China is fast becoming a manufacturer of sophisticated weaponry in its own right but it remains eager to buy advanced Russian weaponry, especially air defence systems and combat aircraft.
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Post by Admin on Oct 8, 2018 18:07:53 GMT
Vice President Mike Pence's China Speech at Hudson Institute VOA News Pence’s speech, meanwhile, shows how much official U.S. views of China have hardened. He argued that one great American hope of the post-Cold War era — that China would evolve toward steadily greater economic and political freedom — has proved an illusion, as Beijing has instead chosen the path of authoritarianism, mercantilism and aggression. Building on that basic theme, he gave the entire bill of particulars regarding China’s conduct at home and abroad. Pence accused China of pursuing protectionist, predatory economics meant to give it dominance in high-tech industries while undermining the U.S. industrial and technological base. He condemned Beijing for seeking to expel the U.S. from the Western Pacific by intimidating allies, throwing its weight around in the South China Sea and East China Sea, harassing U.S. ships and aircraft, and conducting an enormous military buildup that has lasted over two decades. Pence argued that Beijing is using ever-more repressive methods at home, while also supporting authoritarian regimes and undermining democratic governments overseas. Not least, the vice-president called China out for meddling in U.S. society and politics, through methods such as co-opting think-tanks and academic institutions, conducting ambitious propaganda campaigns and seeking to swing the midterm elections against the Republicans and President Trump. To be sure, this wasn’t Churchill’s Iron Curtain speech of 1946 or the famous Truman Doctrine address to Congress in 1947, which rallied Americans to an all-encompassing struggle with the Soviet Union. But it’s the closest thing we’ve seen so far in today’s U.S.-China competition.
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Post by Admin on Jan 11, 2019 17:50:24 GMT
If China is indeed entering an economic winter, then the chill will spread around the globe. Forty years after communist China opened its doors to trade with the west in a dash for growth, the country’s mix of free-market policies and central planning faces one of its sternest tests. China’s central bank said on Friday it was cutting the amount of cash that banks have to hold as reserves for the fifth time in a year, freeing up $116bn (£92bn) for new lending, as it tried to reduce the risk of a sharp economic slowdown. This week US negotiators will travel to Beijing for a crucial round of talks with their Chinese counterparts in an attempt to break the deadlock in a year-long dispute over trade tariffs. Global markets, worried about the impact of tariffs on growth, have suffered a jump in volatility over recent months, with investors oscillating between exuberant optimism and despondency about the outcome.
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Post by Admin on Jul 9, 2019 17:57:31 GMT
President Donald Trump has called on the U.S. Treasury and the Federal Reserve to weaken the U.S. dollar, arguing that American exports are being hurt by other countries’ efforts to devalue their own currencies.
But some are warning that the president’s efforts could negatively impact GDP growth in the short-term, and start a currency war that could backfire in an even stronger dollar.
“Historically, however, attempts to weaken the dollar have met with mixed success and there are good reasons to believe that any intervention now would fail,” Capital Economics wrote in a note July 8.
Over the past few weeks, Trump has accused China and Europe of manipulating their currencies by easing monetary policy and weakening their currencies. On July 3, Trump tweeted that countries abroad have been “playing a big currency manipulation game and pumping money into their system in order to compete with [the] USA.”
Trump argues that a stronger dollar is hurting U.S. exports by making them more expensive for buyers abroad — damaging the administration’s efforts to reduce the trade deficit. Boosting exports have been the center of Trump’s game of chicken on tariffs with longtime trade rival China, but also close neighbors Mexico and Canada.
His proposal? Get the Federal Reserve to “match” the actions of the European Central Bank and the People’s Bank of China by lowering interest rates and taking some steam out of the U.S. dollar.
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