The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."

Saturday, May 19, 2012

Yep, FT: "China linked to ‘economic espionage’"

Only a week or so ago I published a column on the likelihood that economic espionage occurs in Australia, and the possibility it may explain some unusual financial market movements that we occasionally observe. Today the FT reports:

“Chinese actors are the world’s most active and persistent perpetrators of economic espionage,” the [Pentagon] report said...A November report prepared by US intelligence agencies said that concerted cyber espionage by China and Russia posed “significant and growing threats” to American economic power and national security.