CHINA US Focus - Perspectives shaping the world's most important bilateral relationship

HONG KONG — The Hong Kong government is investigating allegations made by a whistle-blower that the U.S. National Security Agency hacked into its computers. In an interview with the South China Morning Post this week, Edward Snowden said that since 2009, the National Security Agency has made secret attacks on computers belonging to Hong Kong [...]

HONG KONG — A record seven million students will graduate from universities and colleges across China in the coming weeks, but their job prospects appear bleak — the latest sign of a troubled Chinese economy. Businesses say they are swamped with job applications but have few positions to offer as economic growth has begun to [...]

BEIJING — China has built the world’s fastest supercomputer, almost twice as fast as the previous U.S. holder and underlining the country’s rise as a science and technology powerhouse. The semiannual TOP500 official listing of the world’s fastest supercomputers released Monday says the Tianhe-2 developed by the National University of Defense Technology in central China’s [...]

HONG KONG — The decision by a former National Security Agency contractor to divulge classified data about the U.S. government’s surveillance of computers in mainland China and Hong Kong has complicated his legal position, but may also make China’s security apparatus more interested in helping him stay here, law and security experts said on Friday. [...]

The average price of Beijing’s luxury homes excluding town houses jumped to the highest in 17 months in May, as wealthy buyers favored bigger properties under the government’s purchase restrictions, a local agency said. Apartments more expensive than 50,000 yuan ($8,155) per square meter (10.76 square feet) sold for 53,329 yuan on average, 5 percent [...]

(Reuters) – China has provided credit worth $500 million to Uganda to help pay for the construction of a large Nile River hydropower dam at Karuma, a government document said on Friday, reviving the $2 billion project stalled for years by a lack of money. Construction of the 600-megawatt Karuma dam is expected to start [...]