Linked by Thom Holwerda on Fri 15th Jan 2010 23:04 UTC
Google The United States will issue a formal diplomatic note to China expressing concern about cyber attacks that hit Google and dozens of other companies, and that researchers say originated in that country. "We will be issuing a formal demarche to the Chinese government in Beijing on this issue in the coming days, probably early next week," US State Department spokesman P.J. Crowley told reporters Friday. "It will express our concern for this incident and request information from China as to an explanation of how it happened and what they plan to do about it."
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RE: Laughing
by Alex Forster on Sun 17th Jan 2010 01:43 UTC in reply to "Laughing"
Alex Forster
Member since:
2005-08-12

About 25% of the US's debt is foreign debt, and 25% of that foreign debt is owned by China. That's about 6% of the US's total debt, or around $700bn. I don't mean to say that $700bn isn't anything to blink at, but they don't hold nearly as many cards as you imply.

Ed: and I wouldn't exactly say anyone is "begging," either. http://blog.taragana.com/business/2009/12/29/treasury-yields-retrea...

Edited 2010-01-17 01:47 UTC

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