China Development
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China Development
This is a collection of China related materials and news items.
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Guggenheim continues East pivot with Chinese contemporary art commissions, curator | Art Radar Asia

Guggenheim continues East pivot with Chinese contemporary art commissions, curator | Art Radar Asia | China Development | Scoop.it
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Soros: China Growth of Shadow Banking Has ‘Disturbing Similarities’ to US Subprime

Soros: China Growth of Shadow Banking Has ‘Disturbing Similarities’ to US Subprime | China Development | Scoop.it
Billionaire investor George Soros said China has a “couple of years” to control risks from nontraditional financing whose expansion has parallels with the cause of the global financial crisis.

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The rise of everyday hackers

The rise of everyday hackers | China Development | Scoop.it
Veracode released its annual State of Software Security Report, which includes research on software vulnerability trends as well as predicti...

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Shanghai to Start Emissions-Trading Trials Before End of June

Shanghai to Start Emissions-Trading Trials Before End of June | China Development | Scoop.it
Shanghai, China’s financial center, said it will start trials of emissions trading before the end of June in an effort to reduce the intensity of its energy use and carbon discharges.
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Worlds biggest cap and trade in just one city. Need this system to fo global

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It's Obama Fried Chicken! OFC pops up in China... but can the President also match the secret recipe of Colonel Sanders?

It's Obama Fried Chicken! OFC pops up in China... but can the President also match the secret recipe of Colonel Sanders? | China Development | Scoop.it
In Beijing, China, a restaurant is actually calling itself OFC with a logo that looks alarmingly like the President dressed in the colonel's clothes.

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U.S. Undersecretary to Discuss Hacking With Chinese Officials | Bloomberg.com

U.S. Undersecretary to Discuss Hacking With Chinese Officials | Bloomberg.com | China Development | Scoop.it

U.S. Undersecretary of State Robert Hormats said he will discuss cybersecurity with his Chinese counterparts during his visit to the Asian nation, describing the issue as “troublesome.”

 

“We need to have a serious dialogue,” Hormats told reporters yesterday in the southern Chinese province of Hainan where he is attending the Boao Forum for Asia. “It is a problem that needs to be addressed.”

 

U.S. intelligence agencies and security firms such as Mandiant Corp. have traced attacks on American corporate networks to China, pushing the issue to the top of President Barack Obama’s agenda. He told Chinese President Xi Jinping in a telephone conversation last month that cybersecurity would be a key part of talks between the two nations while U.S. Treasury Secretary Jacob. J. Lew raised the issue with Xi on March 19 during a visit to Beijing.

 

“It’s a serious problem that requires serious cooperation between our two countries at very high levels,” Hormats said. Cybersecurity “weakens confidence among Americans, particularly in the business community, and our relationship, and it causes mistrust,” he said.

 

He declined to name the Chinese officials he will be meeting during his visit or what proposals he will put forward to address the problem, which he said is getting worse. Hormats, who is undersecretary of state for economic growth, is in China from April 5-10 to attend the Boao Forum and an Internet industry forum, according to a schedule published on the website of the U.S. State Department.

 

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