China is calling on banks to stop using IBM servers and replace them with local-made machines amid fears that the nation’s financial security might be compromised via the US-based company’s servers, a Bloomberg report has revealed. [...]

This week'€™s indictment by a US grand jury of five Chinese military officials on charges of cyber espionage is both revealing and hypocritical. After all, the US, along Israel, is the world's leading purveyor of cyber espionage, warfare and subversion. Moreover, these latest charges should be understood against the broader backdrop of Washington’s ‘pivot to Asia’, including the much-toute [...]

China could replace Germany as Russia's biggest gas consumer, if Moscow and Beijing agree to add a route from Russia'€™s Western Siberia to the one already agreed under a $400 billion contract, President Putin said at a meeting with media in St. Petersburg. [...]

After 10 years of negotiations, Russia's Gazprom and China's CNPC have finally signed a historic gas deal which will provide the world's fastest growing economy with the natural gas it needs to keep pace for the next 30 years. The total value of the contract is $400 billion, Gazprom CEO Aleksey Miller said. However, the price of gas stipulated in the document remains a "commercial secret." [...]

A specter is haunting Washington, an unnerving vision of a Sino-Russian alliance wedded to an expansive symbiosis of trade and commerce across much of the Eurasian land mass - at the expense of the United States. And no wonder Washington is anxious. That alliance is already a done deal in a variety of ways: [...]

Moscow and Beijing have rejected the imposition of sanctions as political tools and condemned attempts at "encouraging and financing"€ regime changes in other countries in a joint statement released during President Putin'€™s official visit to China. [...]

​China has dismissed all US accusations of industrial cyber-espionage against five of its military officials and published proof that Washington is actually stealing data from China. Beijing also summoned the US ambassador for an explanation. [...]

VTB, Russia'€™s second biggest lender, has signed a deal with Bank of China, which includes an agreement to pay each other in domestic currencies. “Under the agreement, the banks plan to develop their partnership in a number of areas, including cooperation on ruble and renminbi settlements, investment banking, inter-bank lending, trade finance and capital-markets transactions,” says the offi [...]

Russia-China cooperation has reached its highest level ever, Russian President Vladimir Putin has said in an interview with Chinese media on the eve of his visit to Shanghai, where a record package of documents is expected to be signed by the two nations. [...]

The World Bank recently said the end of U.S. economic hegemony was coming before 2015 arrives. But we've heard this story before. Don't believe the hype about China. Last time I looked (yesterday), the U.S. economy in 2013 was three times larger than the Chinese (in real 2005 dollars, according to the magnificent historical data set of the U.S. Department of Agriculture’s Economic Research Servi [...]

A historic, long-term deal for the delivery of Russian gas to China that has been 10 years in the making is 98 percent ready, Russia'€™s Deputy Energy Minister Anatoly Yanovsky has said. All that's needed are the two countries'€™ signatures, he added. [...]

A UN report hammers the United States'€™ human rights record, denouncing vast surveillance, ongoing unaccountability for torture, deadly drone strikes, one of the world's highest death penalty counts, and mass incarceration, among other black marks. [...]

The American government conducted a major intelligence offensive against China, with targets including the Chinese government and networking company Huawei, according to documents from former NSA worker Edward Snowden that have been viewed by SPIEGEL. Among the American intelligence service's targets were former Chinese President Hu Jintao, the Chinese Trade Ministry, banks, as well as telecommuni [...]

Western sanctions might push Russia to deepen cooperation with BRICS states, in particular, to strengthen its ties with China, which will possibly turn out to be a big catastrophe for the US and the EU some time later. On March 18, the spokesperson for the Kremlin, Dmitry Peskov, claimed in a BBC interview that Russia would switch to new partners in case of economic sanctions being imposed by the [...]

A new Chinese stealth fighter jet'€™s design includes details obtained in a Chinese cyber-spying operation conducted seven years ago against the F-35 Lightning II, according to a new report based on conversations with US military officials and contractors. The Chinese espionage plot, dubbed Operation Byzantine Hades by US intelligence agencies, primarily targeted government as well as US industr [...]

China has outpaced India in terms of gold consumption in 2013, with people there increasingly investing in the precious metal, according to the Thomson Reuters GFMS Gold Survey. The influential report says Chinese demand increased by 32 percent within a year, reaching 1,189.8 tons in 2013, which marks a fivefold increase since 2003, says the Financial Times. [...]

China has successfully tested its first hypersonic missile delivery vehicle capable of penetrating US missile defense system and delivering nuclear warheads with record breaking speeds, Pentagon officials have confirmed. [...]

No doubt 2013 will go down as Barack Obama'€™s annus horribilis. The President of the United States (POTUS) currently faces a 55 percent disapproval rating on "€œthe way he is handling his job,"€ according to the latest Washington Post-ABC poll. [...]

The P5+1 world powers and Iran have struck a historic deal on Tehran’s nuclear program at talks in Geneva on Sunday. Ministers overcame the last remaining hurdles to reach agreement, despite strong pressure from Israel and lobby groups. [...]