China’s top regulators ban crypto trading and mining, bitcoin tumbles

… The move comes amid a global cryptocurrency crackdown as governments from Asia to the United States fret that privately operated highly volatile digital currencies could undermine their control of the financial and monetary systems, increase systemic risk, promote financial crime and hurt investors.

They also worry that “mining,” the energy-intensive process through which bitcoin and other tokens are created by high performing computers, is undermining global environmental goals.

Chinese government agencies have repeatedly raised concerns that cryptocurrency speculation could disrupt the country’s economic and financial order, one of Beijing’s top priorities.

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Experts say China’s low-level cyberwar is becoming severe threat

Chinese state-sponsored hacking is at record levels, western experts say, accusing Beijing of engaging in a form of low-level warfare that is escalating despite US, British and other political efforts to bring it to a halt.

There are accusations too that the clandestine activity, which has a focus on stealing intellectual property, has become more overt and more reckless, although Beijing consistently denies sponsoring hacking and accuses critics of hypocrisy.

Jamie Collier, a consultant with Mandiant, a cybersecurity firm whose work is often cited by intelligence agencies, said the level of hacking emerging from China in 2021 was “a more kind of severe threat than we previously anticipated”.


Hackers breached computer network at key US port but did not disrupt operations

Suspected foreign government-backed hackers last month breached a computer network at one of the largest ports on the US Gulf Coast, but early detection of the incident meant the intruders weren’t in a position to disrupt shipping operations, according to a Coast Guard analysis of the incident obtained by CNN and a public statement from a senior US cybersecurity official.

The incident at the Port of Houston is an example of the interest that foreign spies have in surveilling key US maritime ports, and it comes as US officials are trying to fortify critical infrastructure from such intrusions.

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Britain offers Canadian military help to defend the Arctic

Britain is signalling its interest in working with the Canadian military in the Arctic by offering to take part in cold-weather exercises and bring in some of its more advanced capabilities — such as nuclear-powered submarines — to help with surveillance and defence in the Far North.

In a recent exclusive interview with CBC News, the United Kingdom’s top military commander said his country is “keen to cooperate” and learn more about how to survive and fight in a cold, remote setting.

Gen. Sir Nick Carter said Britain would also like to “cooperate in terms of helping Canada do what Canada needs to do as an Arctic country.”

 

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Two Michael’s release not included as part of Meng Wanzhou Deal

Meng Wanzhou, the chief financial officer of Huawei Technologies, is expected to appear virtually in federal court in New York City Friday to resolve U.S. bank fraud charges against her, according to a source.

The source said the plea agreement does not include Canadians Michael Spavor and Michael Kovrig, who have been imprisoned in China on charges of espionage since December 2018. It remains unclear if there is a side agreement with China that would free the two men who were arrested after Ms. Meng was detained at Vancouver International Airport on a U.S. extradition request.

AUKUS, no release for the Michaels, extended covid land border closures, threatened oil pipeline closures… I don’t think Biden like’s Blackie much.

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Huawei’s Meng Wanzhou likely off hook

Huawei CFO Meng expected to resolve U.S. charges in Brooklyn federal court – source

WASHINGTON, Sept 24 (Reuters) – Huawei Technologies (HWT.UL) Chief Financial Officer Meng Wanzhou is expected to appear virtually in federal court to resolve U.S. charges against her, according to a source familiar with the situation.

Resolving the case would remove one of several major disputes between the world’s two biggest economies.

Meng was arrested at Vancouver International Airport in December 2018 on a U.S. warrant that charged her with fraud for allegedly misleading HSBC (HSBA.L) about Huawei’s business dealings in Iran.

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Andrew Richter: Under the Liberals, Canada has effectively disappeared as an international actor

Last week, the United States, United Kingdom and Australia announced a new defence and security partnership, dubbed AUKUS, which is intended to present a unified front toward an increasingly aggressive China, and demonstrate to other countries that the U.S. intends to remain engaged in the Asia-Pacific region for decades to come. Not only was Canada not included in the agreement, but the federal government seemed to be completely blind-sided by the announcement — a reflection of our diminished stature on the world stage.

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Conservative vote plunged in Canada’s most Chinese electorates. Did party pay price for tough stance on Beijing?

Almost as soon as he entered Canada’s parliament in 2019, Conservative Kenny Chiu became a prominent advocate for what he called Hong Kong’s “political freedom”, and a tough critic of Beijing.

Weeks after being comfortably elected in Steveston-Richmond East, one of Canada’s most ethnically Chinese electorates, Chiu was back in his birthplace of Hong Kong as an international monitor for the city’s district council elections.

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Pentagon Reliance on Chinese Pharmaceuticals Creates National Security Risk

The Defense Department’s reliance on Chinese supply chains for pharmaceuticals poses a severe national security risk, a Pentagon inspector general’s report warns.

The U.S. military’s ability to treat soldiers and personnel worldwide relies on products made and shipped in foreign countries. The Pentagon does not produce its own pharmaceuticals, so it relies on the American commercial sector to procure vital medicines for the armed forces. As the commercial sector increases its reliance on foreign countries the department follows suit, the report, which was released Wednesday, found.

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Can Xi Jinping Defeat Biden-led America?

Look at it from Xi Jinping’s perspective.  The PRC’s leader-for-life learned nothing from Joe Biden’s abject surrender in Afghanistan but confirmed everything that he knows about our 46th president.  Xi’s knowledge of Biden is bound to lead him to conclude — if he hasn’t already — that his window for conquest is during Biden’s tenure.  Weakness — in Biden’s case, evident gross weakness — invites predation.  It’s a law of nature and human affairs.  

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The Boys Who Cried Wolf

Throughout 2020, the media reported a ‘scientific consensus’ about the pandemic’s origins without providing any information about its investigations

“… Regardless of how COVID-19 started, the premature suppression of the discussion of the lab leak theory highlights a new and unhealthy relationship between the mainstream media and science. It is alarming that journalists were labeling the lab leak hypothesis with all its different branches a “debunked” conspiracy theory as early as February 2020 based on studies that simply said that the virus was likely not engineered. Reframing this partial answer as a much broader and more definitive one, the press then cherry-picked comments from scientists who had collaborated extensively with the lab and whose apparent conflicts of interest were ignored in order to present their statements as proven facts.”

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Chinese whistleblower claims first COVID outbreak was INTENTIONAL and happened in October 2019 at Military World Games in Wuhan

A whistleblower has sensationally claimed China deliberately spread Covid at a military tournament two months before the rest of the world knew about the deadly virus.

Ex-Chinese Communist Party insider Wei Jingsheng said The World Military Games in October 2019 could have acted as the virus’ first superspreader event.

The international tournament for military athletes was held in Wuhan – the origin of the Covid-19 pandemic – two months before China notified the World Health Organisation about its first cases.

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Damning New Report Reveals What Wuhan Scientists, British Zoologist Were Up To In Months Before Pandemic

Scientists at the Wuhan Institute of Virology (WIV), including British zoologist Peter Daszak of EcoHealth Alliance, were reportedly planning to release “enhanced airborne coronaviruses into Chinese bat populations” to inoculate them in the months before the pandemic. The scientists also sought funding from the U.S. to “create chimeric viruses,” which are “genetically enhanced to infect humans more easily.”

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Lithuania urges people to throw away Chinese phones

Consumers should throw away their Chinese phones and avoid buying new ones, Lithuania’s Defence Ministry has warned.

A report by its National Cyber Security Centre tested 5G mobiles from Chinese manufacturers.

Researchers identified that one Xiaomi phone had built-in censorship tools while another Huawei model could be vulnerable to cyber-attacks.

Huawei said no user data is sent externally.

“Our recommendation is to not buy new Chinese phones, and to get rid of those already purchased as fast as reasonably possible,” said Defence Deputy Minister Margiris Abukevicius.

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Most Europeans believe US in new cold war with China and Russia – and they want no part of it

A majority of Europeans believe a new cold war is under way between the US and its chief geopolitical rivals, China and Russia, according to a report – but few view their own country as a direct participant.

Based on polling in 12 member states, the study by the European Council on Foreign Relations (ECFR) found, however, that more Europeans believed the EU leadership in Brussels was a party to the new international conflict.

… “The European public thinks there is a new cold war but they don’t want to have anything to do with it,” said Mark Leonard, a co-author of the study and ECFR director. “Our polling reveals that a ‘cold war’ framing risks alienating European voters.”

If Washington and Brussels were preparing for an “‘all of society’, generational struggle against autocracies in Beijing and Moscow”, they could discover they “do not have a societal consensus behind them,” wrote Leonard and his Ivan Krastev, an ECFR board member.

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