Yangji village in the southeastern city of Guangzhou has reportedly existed for some 900 years. As China's economy exploded and the port city's population ballooned to more than 12 million, real estate developers moved in and Yangji's 4,000 residents found themselves facing eviction. Some 99 per cent of Yangji's villagers are now reported to have abandoned their homes, but at least six families have refused ...

Though the story of computer network attacks by Communist spies sounds like a plot line from a Hollywood action film, a new report has found that one-third of cyberattacks actually originate in China. According to Akamai Technologies (NASDAQ: AKAM), a digital technology platform developer, China accounted for 33 percent of cyberattack traffic all over the world during the third quarter of 2012, taking the t ...

Over the past four months, Chinese hackers have penetrated computers belonging to the New York Times and its staff. The hackers appeared to be intent on hunting down and identifying newspaper sources involved in the investigation of a top Chinese leader. China’s Defense Ministry is denying any involvement in the attacks. 
 Fox News: “Chinese law forbids hacking and any other actions that damage Internet sec ...

Iran has quickly found ways to circumvent the EU sanctions imposed on its oil trade in July. After dipping sharply in summer of 2012, Iranian crude oil exports rose again by the end of the year. ­So far, Iran’s December crude oil sales were the highest recorded since the sanctions were first imposed. Iran exported 1.4 million barrels per day (bpd) in December, compared to less than 900,000 bpd in September. ...

The long-term goal of Communist Red Chinese is to take over the wealth creation resources of the planet. The quasi merger between the authoritarian Maoists and the global capitalists plays out as a sorry act in the Beijing Red Theater. The performance designed to distract and confuse really has the destruction of Western economies as the climax. The sell out of the West, under the skilled dirty hands of Her ...

China tested emerging military technology aimed at destroying missiles in mid-air after an initial test in 2010, state media said, in a move that will unnerve its neighbors. 
 A brief report by the official Xinhua news agency said the military carried out a "land-based mid-course missile interception test within its territory". "The test has reached the pre-set goal," the report quoted an unnamed defense mi ...

Hundreds of Chinese factory workers angry about strictly timed bathroom breaks and fines for starting work late held their Japanese and Chinese managers hostage for a day and a half before police broke up the strike. About 1,000 workers at the Shanghai Shinmei Electric Company kept the 10 Japanese nationals and eight Chinese managers inside the factory in Shanghai from Friday morning until 11.50pm on Saturd ...

The world is moving step by step towards a de facto Gold Standard, without any meetings of G20 leaders to announce the idea or bless the project. Some readers will already have seen the GFMS Gold Survey for 2012 which reported that central banks around the world bought more bullion last year in terms of tonnage than at any time in almost half a century. They added a net 536 tonnes in 2012 as they diversifie ...

A Verizon case study recently revealed that some people will go through great lengths in order to be able to watch cat videos all day. We first heard about it on TNW. 
 The study documents the scam of a developer, who is referred to as Bob. He worked at a "critical infrastructure" company in the U.S. and started outsourcing his work to China underneath his company's nose, and would only pay those people les ...

Satellite images taken by Google Earth have unveiled a mystery construction complex in the middle of the Chinese desert. Former CIA analyst Allen Thomson was looking for an orbital tracking site near the city of Kashgar in southwestern China, when the strange lines and buildings caught his eye. What appears to be a collection of structures and roads have baffled the expert who has been left puzzling what th ...