IMF Should Punish China For Cyber-Attack on US - US Senator

[TaiShang]

IMF Should Punish China For Cyber-Attack on US - US Senator / Sputnik International

US Senator said that The International Monetary Fund should punish China for the recent cyber-attacks that resulted in compromising personnel records of millions of US Government employees.

NEW YORK, June 9 (Sputnik) — The International Monetary Fund (IMF) should punish China for the recent cyber-attacks that resulted in compromising personnel records of millions of US Government employees, US Senator Charles Schumer said in a statement on Tuesday.

“It is long past time for the international community to rally together and make crystal clear to the Chinese government that if they want to be treated as a leading nation on the global stage, then they need to start acting like it,” Schumer said.

On June 4, 2015, the US Office of Personnel Management (OPM) announced that a cybersecurity breach possibly compromised the personal data of up to 4 million current and former US federal employees.

Media reports citing anonymous US officials said hackers based in China were behind the attack.

China has denied past US allegations it is behind cyberattacks on the United States.

Schumer, along with US Senator Lindsey Graham, also urged Lagarde in a letter not to allow the IMF to designate the Chinese Yuan as a reserve currency.

“We write to express our deep concern with the IMF’s potential consideration of the Yuan for inclusion in its SDR [Special Drawing Rights] system,” the Senators told Lagarde in a letter.

The IMF Board is expected to meet informally in the coming weeks to assess whether the IMF’s basket of emergency lending reserves that make up the Special Drawing Rights system should be adjusted to include the Yuan.

 

[Kyusuibu Honbu]

Pointless given China itself was suspected to be behind cyber espionage on IMF.

China-Based Spies Said to Be Behind Hacking of IMF Computers - Bloomberg Business

 

[TaiShang]

Pointless given China itself was suspected to be behind cyber espionage on IMF.

China-Based Spies Said to Be Behind Hacking of IMF Computers - Bloomberg Business

Then US should ask the NSA. Wait, has not NSA been already hacked by China?

Cruel, cruel world.

 

[Kyusuibu Honbu]

Then US should ask the NSA. Wait, has not NSA been already hacked by China?

Cruel, cruel world.

Yes, very cruel world

Just curious, when did China hack the NSA?

 

[TaiShang]

Yes, very cruel world

Just curious, when did China hack the NSA?

Just kidding. But, maybe it did.

But the US media is going full hysterical:


'We should be very clear: China is at virtual war with the United States'


LOL. You can either use language like "virtual war" or you can be very clear. You can't do both. Most corporate media reporters are functionally illiterate as regards the English language.

 

[Beidou2020]

BRICS should create their own 'SDR' by uniting their currencies into a new 'emerging market SDR' currency.
SDR is just a new currency that includes US dollar, Euro, Yen and Pound.

The RMB will be included in SDR for sure this year.

China is just way too big to ignore economically and financially.

Next SDR review will be in 2020 and by that time the RMB will be a much bigger part of global payments and foreign exchange market than the British Pound and the Japanese Yen. Heck it might even approach the Euro in importance considering how rapidly China usually progresses.

China has deep and liquid bond market (3rd largest bond market in the world) and deep and liquid stock market (2nd largest stock market in the world) which provide renminbi-denominated assets for global investors.

 

[fallstuff]

How the good Senator from NY is going to punish China using IMF, I for one would sure like to know !!!!

 

[Hyperion]

America does an India - how far once great nations fall!

 

[TaiShang]

How the good Senator from NY is going to punish China using IMF, I for one would sure like to know !!!!

China-bashing and looking hawkish has been the most valuable currency in US politics that is based on manipulation and monied-class backing.

America does an India - how far once great nations fall!

Seriously, just as China has studied the Soviets, it needs to study the US not to make similar mistakes it has been doing.

 

[IBRIS]

There could be a massive retaliation soon Americans are know for it. Brace for rough times China.

How the good Senator from NY is going to punish China using IMF, I for one would sure like to know !!!!

In a sense of what Mc Cain did to Syria with FSA. They can do a lot if push needs shoving

 

[TaiShang]

There could be a massive retaliation soon Americans are know for it. Brace for rough times China.


In a sense of what Mc Cain did to Syria with FSA. They can do a lot if push needs shoving

LOL.

But you are right about US support of the JN and ISIS in Syria.

But, the US usually takes on weak/weakened powers. And they usually gang up as one Christian crusade army.

 

[Kyusuibu Honbu]

Just kidding. But, maybe it did.

But the US media is going full hysterical:


'We should be very clear: China is at virtual war with the United States'


LOL. You can either use language like "virtual war" or you can be very clear. You can't do both. Most corporate media reporters are functionally illiterate as regards the English language.

Free media

 

[Hasbara Buster]

A country that constantly militarily attacks other nations should not be talking about punishment for cyber attacks. This is preposterous. We would have to first see Washington punished for its many crimes around the world.

 

[Beidou2020]

LOL.

But you are right about US support of the JN and ISIS in Syria.

But, the US usually takes on weak/weakened powers. And they usually gang up as one Christian crusade army.

Chinese leaders know how to play the West to its advantage. It pushes against the West in one area while cooperates with the West in other areas. It's a push and pull strategy. How else would a communist country become the 2nd most powerful country in a Western-dominated economic, financial, political system. All the while retaining its independent foreign policy and its doing what it wants. CPC know how to play the West and get things done.

CPC has patience and knows its own strengths and weaknesses which allows its to use its strengths to its advantage and minimise its weakness.

 

[northeast]

How could IMF punish us？We are not Greece.It's we lend money to the IMF，not vice versa.If IMF insists to be a royal puppet to America,we could quit this useless organization and found our owns.We could see who will laugh in the end.