Rich | Shared With: Everyone - May 16 2009 | the standard, china, computers
china has almost completed the installation of what it calls an impenetrable operating system that will work with key government and military servers. That puts them ahead of our government in this department, which is worrisome given that they've already started to hack everything we've got.
Including Berkeley's student records; they harvested 163,000 accounts with personal info. Great....
Quoted: Kylin's existence was disclosed to Congress during recent hearings that included new details on how Beijing is preparing to wage cyberwarfare with Washington.
- Rich | Shared With: Everyone - Jan 05 2008 | the standard, stocks, hong kong, china
Unlike much of the world, the property market in Hong Kong is hot. There's a lot of money flowing from a prosperous China.
I am concerned about the impact of a potential Chinese stock market crash, though. Everyone here plays the stock market. To me, it feels like the breezy calm before the storm. People are making money, they're happy, they know that the trends won't last forever, but they keep buying. Unlike the housing market, there aren't any protections for people playing with stocks. Once the money is in the market, people can lose everything.
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