http://www.theatlantic.com/china/archive/2013/04/is-the-specter-of-a-cyber-cold-war-real/275352/
The recent article from the Atlantic discusses the cyber attacks that originate from China. The article gives the cyber attacks the monomer of a cyber Cold War. The economic implication of these attacks are particularly interesting. The companies targeted are from industries that the Chinese have highlighted in their five year plans. This is also revealing of why state sponsored companies are the giants of industry in China and why the US and other foreign countries can be skeptical about doing business with these companies. An example of such transactions was when Canada oil company NEXEN was sold to a Chinese state sponsored company. This deal gave China access to the oil sand facilities and Alberta. While this moved helped sure up China's energy needs which should help reduce tensions in Asia, it was also met with huge amounts of skepticism by the Canadian government.
No comments:
Post a Comment