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Monthly Archives: October 2012

Chinese Investment In Europe On Rapid Rise

China’s investment deals in Europe first surpassed Europe’s in China in the first quarter of 2012, with 32 investments from China’s mainland and just 26 deals made by European companies in China, according to a PwC report released on Thursday. The report, “China Deals; A fresh perspective,” from PwC’s emerging markets group, showed there has been a steady rise in ...

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China’s R&D Spending Hits Record High

China’s expenditure on scientific research and development reached a record high level in 2011, according to official data released Thursday. China’s expenditure on R&D totaled 868.7 billion yuan ($139.2 billion) in 2011, up 23 percent year-on-year, according to a joint report published by the National Bureau of Statistics, the Ministry of Science and Technology and the Ministry of Finance. R&D expenditure was ...

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China Unicom Replaces Cisco Devices In China Over Security Concerns

China Unicom China Unicom has replaced devices of Cisco Systems, Inc. in one of the country’s most important backbone networks, citing security reasons, the 21st Century Business Herald reported.The replacement project targets “China169” backbone network’s Cisco router in Wuxi, Jiangsu. Analysts indicated that the product vulnerability and back door problems are the main worries of China Unicom.The move came after ...

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Pakistan Air Force Starts Exercise Saffron Bandit 2012-13

PAF Saffron Bandit 2012-13 Chief of Air Staff of Pakistan Air Force, Air Chief Marshal Tahir Rafique Butt on Thursday said that readiness and war preparedness have attained enhanced significance in today’s dynamic and rapidly changing environment.Speaking as a chief guest on the inaugural ceremony of Exercise Saffron Bandit 2012-13 held at an Operational Base of Pakistan Air Force, he ...

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New Stuxnet Like Malware Detected:Global Cyber Warfare

A new cyber espionage program associated to the notorious Flame and Gauss malware has been detected by Russia’s Kaspersky Lab. The anti-virus giant’s chief warns that global cyber warfare is in “full swing” and will probably accelerate in 2013. The virus, named miniFlame, and as well-known as SPE, has by now infected computers Systems in Iran, Lebanon, France, the United ...

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