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Freedom Foods is looking for Asian partners to launch its allergy-free cereal business to bolster exports in the region.

Managing director Rory Macleod said the company hoped its cereals arm can replicate its Pactum Dairy operation which produces long-life milk for one of China’s biggest dairy companies, Bright Foods.

Freedom posted an 11.6 per cent slide in net profit to $12.1 million in the 12 months to June 30. Mr Macleod attributed the decline to booking a pre-tax profit of $11.8 million the year before from reducing its stake in a2 Milk from 25 to 17.9 per cent.

While Freedom’s profit eased, its net sales grew 5.97 per cent to $104.6 million. Investors warmed to the result, the company’s shares jumping 2.8 per cent to close at $3.25.

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Mr Macleod expected more sales growth in the next two years as it increases exports in the US and Asia.

But he said he didn’t want to rush the expansion.

“We want to be quite thoughtful about what we’ll do,” Mr Macleod said. “It’s not a case of taking the whole range over there and see who will bite.

“You have to be very careful about what products you are going to take up there and sell.”

Mr Macleod said working with a Chinese company was therefore more preferable than relying on distributors.

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Freedom Foods looks for Asian partner to boost exports



Baidu seo best practices baidu seo wordpress seo baidu vs google
Only a few Chinese use Google as their search engine, instead, most of Chinese use their own search engine Baidu.Baidu takes amlost 91% search engine market share in China. It's not a screct…

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Baidu seo best practices baidu seo wordpress seo baidu vs google – Video

A spokesman for China’s Foreign Ministry on Monday refuted Vietnamese comments on the sovereignty of the Xisha Islands, vowing determination to safeguard national sovereignty and territorial integrity.

Qin Gang said the information offered by the Vietnamese side at a press briefing in Hanoi last Friday was ridiculous.

“Their comments showed the country’s falsification of history, denial of truth, inconsistency and treachery,” Qin said, arguing that Vietnam has little international credibility.

He cited historical evidence to show the Xisha Islands have been China’s inherent territory since ancient times.

“China was the first country to discover, develop, name and govern the Xisha Islands,” while Chinese people are indisputable owners of the islands, said the spokesman.

According to Qin, the Chinese people discovered the Xisha Islands when they cruised to them during the Han Dynasty (206 BC-220 AD). Since then, lots of Chinese have traveled there for business.

Historical documents show Chinese fished and traded around the Xisha Islands during the Tang (618-907) and Song (960-1279) dynasties, which serves as proof for China’s jurisdiction of the area, he said.

During China’s Yuan Dynasty in the 13th century, astronomer Guo Shoujing set up an observatory on the Xisha Islands, Qin added.

Vietnam appeared to acknowledge and respect China’s sovereignty over the islands before the mid 1970s. In 1956, a senior official of the Vietnamese Foreign Ministry told a charge d’affaires of the Chinese Embassy in Vietnam that the Xisha Islands were part of the Chinese territory, according to the spokesman.

In 1958, China announced it had set 12 nautical miles as the width of its territorial sea and the Xisha Islands were included. Ten days after that, then Vietnamese Prime Minister Pham Van Dong told then Chinese Premier Zhou Enlai that the Vietnamese government admitted the truth of and respected China’s statement on its territorial sea, he said.

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China slams Vietnam's Xisha Islands comments



Japan conducts military exercise to defend islands claimed by China
Japan conducts military exercise to defend islands claimed by China . China claims sovereignty over Diaoyu Islands. The Chinese military says it has the capability and determination to safeguard……

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Japan conducts military exercise to defend islands claimed by China – Video

BEIJING: Terming Vietnamese claims over the disputed islands in the South China Sea as “ridiculous”, China today accused Vietnam of changing its stand since 1975 after having officially endorsed Chinese sovereignty over them.

Reacting to assertions by Vietnam claiming sovereignty over the Paracel islands in the South China Sea which China refers to as the Xisha islands, Chinese Foreign Ministry spokesman, Qin Gang told a media briefing here that Hanoi’s claims are “very ridiculous”.

“Large amount of historical facts had proven that Xisha islands are China’s territory since ancient times,” he said.

“Vietnam has always gone back on its words. The credibility of this country is very low,” Qin said.

The war of words between Vietnam and China over the ownership of the islands heated up in recent weeks after Beijing deployed an oil rig in waters close to the islands, which was staunchly opposed by Hanoi.

While naval vessels of the two countries rammed into each other hundreds of times, four Chinese were killed and over 100 injured in anti-China riots in Vietnam in which over 460 factories mostly Chinese-owned were destroyed by mobs.

Beijing withdrew over 7,000 of its workers from Vietnam and demanded compensation for the victims.

China claims sovereignty over almost all of the South China Sea which is hotly contested by Vietnam, the Philippines, Malaysia and Brunei, who are backed by the US.

Defending Chinese claims over the islands, Qin said they were discovered and developed during ancient Chinese kingdoms and patrolled by their navies.

He said Vietnam officially endorsed Chinese sovereignty in a letter to China from its then prime minister in 1958 besides reflecting the same in Vietnamese official documents and textbooks.

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China brands Vietnam claims over South China Sea islands as 'ridiculous'

This file aerial shot shows the disputed islands known as Senkaku in Japan and Diaoyu in China in the East China Sea. AP FILE PHOTO

TOKYO Japan is to establish new military outposts on remote islands, a report said Monday, as Tokyo looks to bolster its defense amid a territorial dispute with China.

Up to 350 troops each could be stationed on three islands in the far southwest, close to the Senkakus, which Beijing claims as its own under the name Diaoyus, the mass-selling Yomiuri Shimbun reported.

With the exception of the main Okinawa island, Japans Ground Self-Defense Forces- its army- have no bases on the chain of islands that runs from the bottom of Kyushu to Taiwan. There are limited air force facilities in the area.

The lack of substantial military presence is a source of worry for some in Japan, who caution that it leaves Japan vulnerable to Chinas increasingly assertive stance.

Chinese ships have repeatedly moved into the Senkakus territorial waters, since Tokyo nationalised some of them in September 2012, to confront Japanese vessels.

The islands lie around 2,000 kilometers (1,250 miles) southwest of Tokyo and around 200 kilometres from the north of Taiwan.

While most of the bickering has been between coastguards from both sides, observers say military ships are loitering over the horizon, with some warning of the risk of a confrontation.

Beijing has spent heavily on its military in recent years in a bid to develop a blue water navy that can project force far out into the Pacific.

This means getting through what it calls the first island chain including Japans southwestern islands and the northern Philippines.

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Japan to establish island military posts- report



Conan O'brien is a Chinese Illuminati Member
illuminati, illuminati exposed, illuminati 2012, illuminati music industry, jay z illuminati, illuminati conspiracy, the illuminati, lebron james illu,minati, beyonce illuminati, illuminati…

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Conan O’brien is a Chinese Illuminati Member – Video

Microsofts cooperation with the NSA and FBI on the controversial Prism program has been laid bare in a new book written by an American journalist who brought it to public attention in the first place.

Glenn Greenwald, the American journalist who worked extensively with Edward Snowden, wrote in a new book that Microsofts cloud services allowed the National Security Agency [NSA] to collect data from a range of its different cloud options.

“Beginning on 7 March 2013, Prism now collects Microsoft SkyDrive data as part of Prism’s standard Store Communications collection package for a tasked FISA Amendments Act Section 702 [FAA702] selector, stated a slide released by Greenwald, according to Cloud Pro.

It is detailed in Greenwalds new book, No Place to Hide: Edward Snowden, the NSA and the Surveillance State, and goes on to hint that Microsoft was implicit in the NSA data collecting process.

“This success is the result of the FBI working for many months with Microsoft to get this tasking and collection solution established,” the document stated.

Part of the reason that it was able to do this was down to the FISA Amendment Act of 2008 that legalized NSA Internet surveillance and allowed warrantless wiretapping by the NSA and related agencies.

“This means that analysts will no longer have to make a special request to SSO for this. This new capability will result in a much more complete and timely collection response from SSO for our enterprise customers,” the documents added.

Other sabotage methods employed by the NSA and outlined in Greenwalds book include the supply-chain interdiction, which meant intercepting various communications products in order to carry out covert surveillance. This included routers and servers made by Cisco and involved implanting beacons before the products were repackaged and shipped out to customers across the world.

“While American companies were being warned away from supposedly untrustworthy Chinese routers, foreign organizations would have been well advised to beware of American-made ones,” Greenwald said.

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Microsoft openly offered cloud data to the NSA

May 162014



Spout for NATO cans
The Chinese aftermarket spout seems to work fine on the NATO 20 liter fuel cans.

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Spout for NATO cans – Video

Allegations that the NSA installed surveillance tools in U.S.-made network equipment, if true, could mean enterprises have more to worry about than just government spying.

While the U.S. government warned router buyers that the Chinese government might spy on them through networking gear made in China, the U.S. National Security Agency was doing that very thing, according to a report in the Guardian newspaper Monday.

The NSA physically intercepted routers, servers and other network equipment and installed surveillance tools before slapping on a factory seal and sending the products on to their destinations, according to the report, which is extracted from an upcoming book by Glenn Greenwald, a journalist who last year helped expose sensitive documents uncovered by former NSA contractor Edward Snowden.

With the tools it installs, the NSA can gain access to entire internal networks, the story said. For example, in a report on its use of the technology, the NSA said an embedded beacon was able to call back to the agency and provided us access to further exploit the device and survey the network, Greenwald wrote.

The new charge vastly expands the scope of alleged NSA spying beyond the interception of traffic across the Internet, said Ranga Krishnan, a technology fellow at the Electronic Frontier Foundation. As an example, he pointed to reports from the Snowden documents that the NSA had tapped into Googles own fiber network among its data centers, where the company hadnt encrypted the traffic at all.

Thats how most organizations function, Krishnan said. So once youre within the companys router, you have access to all that data thats unencrypted.

In addition, any security hole that a government installs could open up the network to attacks by others, he added.

If you have made something vulnerable … somebody else could discover that and very well use it, Krishnan said.

The House Intelligence Committee and other arms of the U.S. government have warned for years that networking equipment from vendors in China, namely Huawei Technologies and ZTE, poses a threat to U.S. service providers because of possible links between those companies and the Chinese government.

Specifically, critics have raised alarms that the government could install backdoor surveillance tools in the gear they sell, giving Chinese spies access to communications in the U.S. Those warnings reportedly have held back Huawei and ZTEs sales in the U.S. The companies have said their equipment is safe.

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Reported NSA backdoors might open up networks to more threats

CBS

The National Security Agency has been allegedly accessing routers, servers, and other computer network devices to plant backdoors and other spyware before they’re shipped overseas, according to the Guardian.

The news about the NSA’s alleged interception of hardware comes via journalist Glenn Greenwald’s new book about Edward Snowden’s NSA leaks titled “No Place to Hide.” Greenwald apparently obtained documents from Snowden that detailed the NSA receiving or intercepting various devices in the US before export.

Ironically, this type of activity is exactly what the US government accused Chinese telecom gear maker Huawei of doing in 2012 on behalf of the Chinese government.

In a letter sent to Huawei in June 2012, the US House Intelligence Committee said that the committee was “concerned” the Chinese authorities could be hacking in or attempting to breach US networks using the company’s telecom equipment. With the accusations, Huawei adamantly maintained that it was not involved in any sort of cyberspying. Additionally, the US White House reportedly carried out a review of security risks posed by Huawei and was said to have found no evidence that the company spied on the US.

However, the accusations strained Huawei’s relations with the US, and eventually the company pulled out of the US market. Last December, the company’s CEO Ren Zhengfei said, “If Huawei gets in the middle of US-China relations,” and causes problems, “it’s not worth it.”

What the NSA is allegedly doing is outlined in a leaked report that Greenwald refers to in his new book — it’s dated June 2010 and from the head of the NSA’s Access and Target Development department, according to the Guardian. This report details the NSA allegedly intercepting US-made hardware, embedding backdoor surveillance tools, then repackaging the equipment and sending it onto international customers.

With backdoor surveillance systems, the NSA could feasibly gain access to vast networks and users.

“In one recent case, after several months a beacon implanted through supply-chain interdiction called back to the NSA covert infrastructure,” the NSA report says, according to the Guardian. “This call back provided us access to further exploit the device and survey the network.”

This isn’t the first time the NSA has been accused of this type of activity. A report from German newspaper Der Spiegel alleged that the US agency intercepts deliveries of electronic equipment to plant spyware to gain remote access to systems once they are delivered and installed. According to the report, the NSA has planted backdoors to access computers, hard drives, routers, and other devices from companies such as Cisco, Dell, Western Digital, Seagate, Maxtor, Samsung, and Huawei.

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NSA reportedly installing spyware on US-made hardware

IDG News Service – Allegations that the NSA installed surveillance tools in U.S.-made network equipment, if true, could mean enterprises have more to worry about than just government spying.

While the U.S. government warned router buyers that the Chinese government might spy on them through networking gear made in China, the U.S. National Security Agency was doing that very thing, according to a report in the Guardian newspaper Monday.

The NSA physically intercepted routers, servers and other network equipment and installed surveillance tools before slapping on a factory seal and sending the products on to their destinations, according to the report, which is extracted from an upcoming book by Glenn Greenwald, a journalist who last year helped expose sensitive documents uncovered by former NSA contractor Edward Snowden.

With the tools it installs, the NSA can gain access to entire internal networks, the story said. For example, in a report on its use of the technology, the NSA said an embedded beacon was able to call back to the agency and “provided us access to further exploit the device and survey the network,” Greenwald wrote.

The new charge vastly expands the scope of alleged NSA spying beyond the interception of traffic across the Internet, said Ranga Krishnan, a technology fellow at the Electronic Frontier Foundation. As an example, he pointed to reports from the Snowden documents that the NSA had tapped into Google’s own fiber network among its data centers, where the company hadn’t encrypted the traffic at all.

“That’s how most organizations function,” Krishnan said. “So once you’re within the company’s router, you have access to all that data that’s unencrypted.”

In addition, any security hole that a government installs could open up the network to attacks by others, he added.

“If you have made something vulnerable … somebody else could discover that and very well use it,” Krishnan said.

The House Intelligence Committee and other arms of the U.S. government have warned for years that networking equipment from vendors in China, namely Huawei Technologies and ZTE, poses a threat to U.S. service providers because of possible links between those companies and the Chinese government.

Specifically, critics have raised alarms that the government could install backdoor surveillance tools in the gear they sell, giving Chinese spies access to communications in the U.S. Those warnings reportedly have held back Huawei and ZTE’s sales in the U.S. The companies have said their equipment is safe.

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NSA backdoors my open networks to new threats, report says

May 11, 2014

Bitcoin is a form of cryptography-based e-money that can be stored either virtually or on a user’s hard drive, and offers a largely anonymous payment system. Reuters pic, May 11, 2014. Some 200 virtual currency enthusiasts excitedly traded name cards and participated in panel discussions yesterday at China’s first-ever Global Bitcoin Summit but several expressed shock that the event was given the green light in the first place.

Bitcoin is a form of cryptography-based e-money that can be stored either virtually or on a user’s hard drive, and offers a largely anonymous payment system.

Speculators drove China’s Bitcoin prices into the financial stratosphere last year, peaking at 7,588.88 yuan (now US$1,224 or RM4,000) in November, prompting the ruling Communist Party to take a series of steps that have triggered a tumble in the virtual currency and cast doubt on its future.

“I’m a little bit worried,” Eric Gu, the co-founder of the Shanghai-based Bit Angels Club, told AFP on the sidelines of the gathering at Beijing’s National Convention Centre.

“This morning, when I woke up, I was concerned, ‘Will I be able to get into this summit at all?’”

This week, China’s five largest Bitcoin exchanges abruptly declared they were pulling out of the Global Bitcoin Summit. The announcement followed an order from China’s central bank to the country’s top banks to crack down on activity related to the virtual currency.

At least 11 banks have ceased providing services related to Bitcoin, according to separate announcements, including China’s “Big Four” — ICBC, Bank of China, China Construction Bank and Agricultural Bank of China.

Despite government attempts to rein in the virtual currency and an order from Chinese authorities prohibiting domestic media from covering the event, the first day of the two-day summit was allowed to take place as planned yesterday.

Several attendees told AFP that they were cautiously optimistic about the future of Bitcoin, with some even voicing support for the Chinese government’s stepped-up regulation of the currency, which is not backed by any government or central bank.

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bitcoin-tokyo-reuters-022514.jpg.JPG



April 2014 Breaking News Associated Press NSA targeted Chinese tech giant Huawei
April 2014 Breaking News Associated Press NSA targeted Chinese tech giant Huawei http://news.yahoo.com/report-nsa-targeted-chinese-tech-giant-huawei-17095050…April 2014 Breaking News Associated…

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April 2014 Breaking News Associated Press NSA targeted Chinese tech giant Huawei – Video



News In Two Minutes – Weapons Charges – NATO Denies Russian Pullback – Chinese Terror – MERS
News In Two Minutes – Weapons Charges – Boko Haram – MERS In Hong Kong – Terror. Please thumbs up and Subscribe. In today's News In Two Minutes we cover a wide range of events happening in…

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News In Two Minutes – Weapons Charges – NATO Denies Russian Pullback – Chinese Terror – MERS – Video



Balitaan: '11 Chinese fishermen', inaresto ng PNP Maritime Group sa Spratly Islands [05/08/14]
Balitaan: '11 Chinese fishermen', inaresto ng PNP Maritime Group sa Spratly Islands (Audrey Gorriceta) [May 08, 2014] For more news, visit: http://www.ptvnews.ph Subscribe to our youtube…

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Balitaan: ’11 Chinese fishermen’, inaresto ng PNP Maritime Group sa Spratly Islands [05/08/14] – Video

IBM has denied any involvement with the US National Security Agency’s surveillance programs, and the company claims it has never handed over any client data to governmental bodies.

In response to allegations concerning the NSA’s PRISM surveillance program, Big Blue has posted a response in the form of a blog post written by Robert C. Weber, IBM’s senior vice president of Legal and Regulatory Affairs. Weber writes that IBM has never handed over client data to any third party, and would send the US agency to the client rather than assist the governmental body:

IBM has not provided client data to the National Security Agency or any other government agency under the program known as PRISM.”

PRISM, which stands for “Planning Tool for Resource Integration, Synchronization, and Management,” is designed to collect and process “foreign intelligence” that passes through American servers. Due to documents leaked by ex-NSA contractor Edward Snowden, IBM is reportedly being probed by China over security issues, as so many of the country’s systems are dominated by IBM, Oracle, and EMC. The document leak alleges that the NSA hacked into Chinese telecommunications companies in order to steal text messages and attack Chinese university servers for spying purposes.

IBM says that while it complies with local laws in the countries in which it operates, it has not provided client data to “the NSA or any other government agency under any surveillance program involving the bulk collection of content or metadata,” and “has not provided client data stored outside the United States to the US government under a national security order, such as a FISA order or a National Security Letter.”

Furthermore, the tech giant says that you won’t find any “backdoor” entry within its products, and nothing has been put in place to help government agencies spy on consumers — and IBM also claims it does not provide source code or encryption keys to governments.

“In general, if a government wants access to data held by IBM on behalf of an enterprise client, we would expect that government to deal directly with that client,” the company added. “If the US government were to serve a national security order on IBM to obtain data from an enterprise client and impose a gag order that prohibits IBM from notifying that client, IBM will take appropriate steps to challenge the gag order through judicial action or other means.”

The company took the opportunity to make recommendations to surveillance-happy governmental bodies, stating that such entities need to “act to restore trust,” and should “not subvert commercial technologies, such as encryption, that are intended to protect business data.”

This story originally appeared as “IBM denies assisting NSA in customer spying” on ZDNet.

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IBM: No, we did not help NSA spy on customers

Tensions flared in the South China Sea today as armed Philippine police arrested Chinese fishermen near a disputed shoal and Vietnam said Chinese boats rammed into Vietnamese vessels during a confrontation in waters close to islands claimed by the two countries.

The Chinese fishing boat and its crew were detained by the Philippines near the Spratly Islands, known as the Nansha Islands in Chinese, Foreign Ministry spokeswoman Hua Chunying said, demanding the release of the fishermen. Vietnam separately said Chinese vessels intentionally collided with its boats near an exploration rig placed by China close to the Paracel Islands.

The incidents come as China takes a more assertive stance on maritime territorial issues that are souring relations with neighbors from Vietnam to Japan. U.S. President Barack Obama last month visited Asia to reassure key allies of U.S. support in the face of Chinas rising economic and military power, while Asian countries have been pushing China to agree to a code of conduct to avoid conflicts in the South China Sea.

It shows the regional concern that China has yet to agree or commit to a timetable with respect to the code of conduct — frustration that China hasnt done that, said Terence Lee, an assistant professor of political science at National University of Singapore, referring to the Philippine and Vietnamese actions. Finding some way forward concretely without the use of force is imperative for the countries in the region.

At a briefing in Beijing, Hua accused the Philippines and Vietnam of violating its sovereignty over the island chains. She accused Vietnam of being disruptive.

China has 80 vessels in the area, including seven military craft, some of which fired water at Vietnamese ships backed by low-flying Chinese aircraft, Ngo Ngoc Thu, Vice Commander of Vietnams Coast Guard, said at a briefing. Six Vietnamese officers were hurt by broken glass during the clash, he said.

The situation is extremely tense, Thu said. While Vietnam seeks to resolve the dispute through negotiations, all endurance has limits. If China vessels continue to hit ours, we will have similar moves to respond in self-defense.

The Association of Southeast Asian Nations is seeking the code for the oil-and gas-rich waters in the South China Sea, through which some of the worlds busiest shipping lanes run. The talks have made little progress since China agreed last July to start discussions, before introducing fishing rules in January requiring foreign vessels to seek permission before entering waters off its southern coast.

China has said it is prepared to hold bilateral talks over territorial issues. It has rejected a Philippine move for international arbitration on their claims to parts of the South China Sea.

Philippine police confirmed they detained a Chinese vessel carrying 11 crew. The fishermen were on board the boat Qiongqionghai 09063, the official Xinhua News Agency said, citing the Tanmen fishing association in the Hainan island city of Qionghai. Another fishing boat fled the scene, it said.

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China Loses Contact With 11 Fishermen Off Disputed Islands

Several of Chinas largest bitcoin exchanges pulled out of a planned global conference in Beijing this coming weekend after the central bank signaled further curbs on speculative trading of the virtual currency.

BTC China Co. said it and four other bitcoin trading platforms agreed to adopt stricter practices such as halting margin trading and short selling. They also agreed to not participate in bitcoin marketing conferences and gatherings, according to a statement posted yesterday on the website of BTC China, the oldest of the nations bitcoin operators.

BTC China, OKCoin and Huobi.com will no longer attend the Global Bitcoin Summit on May 10 as planned, BTC China Chief Executive Officer Bobby Lee said by phone yesterday. Speakers from the exchanges who were to appear at the conference were taken off an updated schedule sent to media yesterday by organizers.

We got together with a few exchanges and decided to coordinate some efforts in light of the perceived clampdown of the central bank, Lee said. Weve decided to stay more low-key and skip out of the conference this weekend.

The Peoples Bank of China began a crackdown on bitcoin in December, barring financial institutions and payment companies from dealing in the crypto-currency amid concern it could be used to launder money or skirt capital controls. Since then, the nations banks have closed the accounts of online trading platforms used to transfer money to bitcoin trading accounts.

A spokesman for the PBOCs media relations department declined to comment yesterday.

Bitcoin prices were volatile yesterday, falling as low as 2,590.02 yuan on BTC China after the exchange operator said it would stop accepting bank transfers of funds to customer trading accounts. They later rebounded to as high as 2,720 yuan.

Prices plunged almost 10 percent on March 27 after Caixin reported that PBOC ordered banks and payment companies to close accounts used to transfer money to bitcoin trading accounts at the exchanges. Bank of China Ltd. announced on its website on April 30 that it was banning the use of its bank accounts to charge trading accounts.

Chinese exchange users have decreased as increasingly strict policies cause concern, Leon Li, founder of Beijing-based trading platform Huobi.com, said in an April 26 interview.

About 600 people will probably take part in Chinas first international bitcoin conference, according to Hitters Xu, one of the organizers. About 15 percent of the attendees will be foreign nationals, he said.

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Chinas Bitcoin Exchanges Pull Out of Summit After PBOC

NEW YORK (TheStreet) — Bitcoin has spent the entire month of April trading in a no mans land. After opening at $455 on April 1, BTC/USD first fell to a low of $342 only to later rally to a monthly high of $544.90.

Prices were unable to keep the upward momentum however and BTC quickly dropped below the important $500 mark. One bitcoin is currently going for $435.50 on BTC-E and $442 on BitStamp. This is less than 5% from the monthly open of $455.

It’s been a tough few months for the fledging cryptocurrency. The move up that began below the $200 mark all the way up to $1090 was largely underpinned by increased market adoption in China. After the communist establishment became increasingly hostile to bitcoin, the legs of the rally were cut off. The first ”ban” was against using btc as a form of payment for goods and services. Next on the chopping block was access to the Chinese banking system. Add in some transaction malleability, the bankruptcyof the once dominant bitcoin exchange Mt. Gox, and it’s not a surprise that we’re currently trading over 50% below the $1,090 peak.

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Bitcoin: How We Got Here and Where We Are Going



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