Call it World War 3.0, or call it Power shift from West to East, or call it the “Reset“…
What ever you choose to call it, China (with U.S. and UK) is Big part of It.
“All Wars Are Bankers’ Wars” -To be Money/Trade Masters your spy-network must be upgraded.
It is not an accident, It is Policy. ~Ron
China tells U.S. tech: don’t panic, just hand over the encryption keys
by Reuters March 4, 2015
Beijing responds to Obama’s criticism, saying its new law on counterterrorism doesn’t do anything that western ones don’t.
China’s proposed anti-terrorism law will not affect the legitimate interests of technology firms, a top Chinese spokeswoman said Wednesday after U.S. President Barack Obama warned of its impact and demanded amendments. […Read more]
China will most likely pass a very far-reaching counter-terrorism act which adopts by legislation everything the NSA has been doing illegally behind the scenes and Congress along with Obama have endorsed. China will require technology firms to hand over encryption keys and install security “backdoors” just as the NSA has done secretly.
China is effectively retaliating for the abuse of the NSA, which will undermine US technology firms and essentially cut them off from what will be the biggest market in the world. The new act will be the deathblow to US Technology as they escalate the push-back against the abuse of the NSA.
The cooperation in secret of American firms from Microsoft, Google, down to Apple will be their own self-destruction. The lack of any understanding of economics from those in US Congress has made the future really bad and is laying the ground work for the decline of the USA as the Financial Capitol of the World.
The National People’s Congress has proposed that all companies must also keep servers and user data within China, and supply their law enforcement authorities with communications records and censor terrorism-related internet content. What made the internet work has been the freedom it brought. That is governments are encroaching on and in the process, the exponential growth curve will begin to decline.