China Economy Forum

[senheiser]

Tech Trade: Russia to boost software imports to China, get more servers in return
Published time: August 18, 2014 19:23
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Russia and China plan to increase technology cooperation, with Moscow set to increase exports of software in exchange for data storage, Russia’s Communications Minister said.

Nikolay Nikiforov, head of Russia's Ministry of Communications, announced via Twitter that Russia and China have agreed to increase the supply of Chinese servers and storage systems and production in Russia, and to boost the supply of Russian software to China.

The technology turn toward China is part of a larger overall pivot toward Asia after Western sanctions have endangered certain Russian industries, with technology feared to be next.

Sanctions from the West over the crisis in Ukraine have pushed forward the Kremlin’s relations in China. In May, the two counties inked a historic $400 billion gas deal. Bilateral trade between the countries is nearly $90 billion and in June, Russia and China were among the countries launching the Shanghai-based BRICS Bank, which will provide funds for infrastructure projects in both countries. Most recently, Russia unveiled its plans to start using the China UnionPay credit payment system to rival Visa and MasterCard.

Reuters / Sergei Karpukhin



On his blog, Nikiforov wrote that he is conducting meetings in Beijing with his Chinese counterparts, Minster of Industry and Information Technology Miao Wei and Head of Media Management Tsai Fuchang.

Kaspersky Lab is one Russian software developer that would greatly benefit from the new relationship.

In August, Kaspersky, along with other non-Chinese anti-virus companies, lost the right to supply security software to Chinese state-run banks and companies.

Also in August, the Chinese government required all offices using IBM servers to replace them with Chinese-made servers to protect them from perceived American spying.

China and Russia also discussed working together on global internet management, working off of a multilateral transparent model.

 

[xunzi]

Kaspersky is one of best security software. A lot better than the junk McAfee.

 

[Gazprom]

Kaspersky is one of best security software. A lot better than the junk McAfee.

kaspersky is very good software. Norton is very good ,but too expensive . Quickheal is a good and cheap anti-virus software.

 

[ChineseTiger1986]

How about making our own operating system and get rid of Windows?

 

[Gazprom]

How about making our own operating system and get rid of Windows?

Russia uses linux based software for govt purpose.

 

[ChineseTiger1986]

Russia uses linux based software for govt purpose.

I meant for the common PC.

 

[Gazprom]

I meant for the common PC.

Linux can sort it out. But to the gaming community ,its an anathema as all games are compatible with windows and the x86 instruction set.

 

[Chinese-Dragon]

Great news.

Kaspersky is one of best security software. A lot better than the junk McAfee.

Totally agreed, don't install McAfee, Kaspersky is much better.

 

[senheiser]

Linux can sort it out. But to the gaming community ,its an anathema as all games are compatible with windows and the x86 instruction set.

they are dumb, just buy a console

kaspersky is very good software. Norton is very good ,but too expensive . Quickheal is a good and cheap anti-virus software.

mc cafee is like a virus itself it slows down your pc starting up. Its only successful because you can download it with flash player accidentally which is owned by adobe an american company

 

[Gazprom]

they are dumb, just buy a console


mc cafee is like a virus itself it slows down your pc starting up. Its only successful because you can download it with flash player accidentally which is owned by adobe an american company

PC windows can run many of the xbox and ps3 games . Can xbox run ps3 games or vice-versa?

 

[Edison Chen]

Kaspersky is somewhat too sensitive to softwares even from some trusted sites.

I only use 360 now.

 

[TaiShang]

Kaspersky is somewhat too sensitive to softwares even from some trusted sites.

I only use 360 now.

Good cooperation between strategic partners. Waiting for an OS for PC made in China.

Using 360 Total Security, as well. Lighter and amazingly efficient. Norton is a hoax.

 

[TaiShang]

China to build influential new-type media groups

President Xi Jinping said Monday that China will build several new-type media groups that are strong, influential and credible.

Xi made the remarks when presiding over the fourth meeting of the Leading Group for Overall Reform.

He called on the nation to integrate traditional and new media to diversify its communication system.

Traditional media and new media must complement each other and their integration should cover content, channels, platforms, operations and management, Xi said. Integration should be supported by technology and follow the rules of news communication and laws governing the development of new media.

Monday's meeting was attended by deputy group leaders Li Keqiang, Liu Yunshan and Zhang Gaoli, all of whom are members of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee.

The meeting also reviewed reform of the national examination and enrollment system, to enhance the fairness and supervision, and connect all levels and kinds of education.

A 7-year plan to implement the reform measures laid out at the third plenary session of the 18th CPC Central Committee in November last year and a report on the first half's work on overall reform were also deliberated and passed at the meeting.

Xi said the plan will guide reform for the next seven years, and has designed the "path" of every measure and detailed the time schedule for the completion of various tasks.

The president stressed strict implementation and supervision to ensure smooth progress.

***

 

[cirr]

Kuwait nearly doubles supplies in 10-yr oil deal with China’s Sinopec

State-run Kuwait Petroleum Corp will export 300,000 bpd of crude oil under the agreement

The exports, which will amount to 15 per cent of Kuwait's oil export output, are estimated to be worth $120 billion

Reuters

Published: 18:20 August 18, 2014

Kuwait/Beijing : Kuwait has concluded a new 10-year deal with a China’s Sinopec Corp to nearly double its supplies by offering to ship the oil and sell on a more competitive cost-and-freight basis, according to a KPC official and a trading source on Monday.

State-run Kuwait Petroleum Corp will export 300,000 barrels per day (bpd) of crude oil under the agreement, which would amount to 15 percent of Kuwaiti petroleum exports and estimated to be worth $120 billion, said Nasser Al Mudaf, KPC’s head of international marketing told Reuters.

Mudaf said the contract replaces a previous one for between 160,000 bpd 170,000 bpd that had expired.

A senior trading source with direct knowledge of the contract said KPC managed to increase the supplies to Sinopec because it offered “a good deal”, under which KPC will use its own oil fleet and sell the oil on a cost-and-freight basis.

“It will be the first cost-and-freight term deal between KPC and China,” said the source, adding it would be more competitive than previous contract that Sinopec bought on a free-on-board basis and shipped the oil by itself.

“We look for the best markets which has stability and gives high return to KPC,” said Mudaf, the marketing chief.

The agreement with China’s Sinopec’s trading arm, Unipec, was reached “in accordance with international prices and under purely commercial terms,” Mudaf said, adding the quantity was subject to increase, but did not specify by how much.

As Kuwait does not have spare crude production capacity, the incremental supplies to Sinopec would be diverted from other markets such as Japan and Europe, where demand has been weakening, said the trade source, who declined to be named as he’s not authorised to talk to media.

An official signing ceremony will be held in Hong Kong in three days, both said.

State news agency Kuna quoting government data, reported in July that Kuwait’s crude oil exports to China in the first half of this year stood at 3.87 million tonnes, equivalent to around 157,000 bpd.

Most of Kuwait’s exports go to Asia. The Gulf Arab state pumped 2.81 million bpd in July, according to a Reuters survey.

Kuwait Nearly Doubles Supplies In 10-Year Oil Deal With China's Sinopec » Gulf Business

 

[faisal6309]

How about making our own operating system and get rid of Windows?

Linux is great alternative to Windows but I cannot say that it can be used always as alternative of Windows. Yes, we should develop our own operating system.

Linux can sort it out. But to the gaming community ,its an anathema as all games are compatible with windows and the x86 instruction set.

SteamOS is better and based on Debian Linux. If you want to play some game on Linux, stop playing on Windows and ignore those games. Once the developers see that a huge number of gamers are moving towards Linux and they are losing their purchaser, they will develop their game for Linux.