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China - World's First Internal Combustion Engine Manufacturing Power by Fisher Capital Equipment Update

World's First Internal Combustion Engine Manufacturing Power by Fisher Capital Equipment Update

China

Fisher Capital Equipment Management Update- China has become the world's first internal combustion engine manufacturing power - engine oil - construction machinery industry. Avoid online internet scams; get latest updates on Fisher Capital Equipment Management website. At Tianjin University in a few days ago " Energy Power "Academic Forum, Tianjin University, State Key Laboratory of Combustion Yao Ming-Fa fellow director, said China's current annual production has more than 60 million internal combustion units, is the world's first internal combustion engine manufacturing country. With internal combustion engine as the power source of the power system in the next 30-50 years is still the main driving force for most, it will be the internal combustion engine energy saving energy saving in China the main battlefield of the future

"Energy and Power," Academic Forum, Tianjin University to celebrate the State Key Laboratory of Combustion opened in 20 years held. Forums, including the Chinese Academy of Sciences Gob, the Chinese Academy of Engineering, Hui Guo, Tianjin University, State Key Laboratory of Combustion chief scientist Wan-Hua Su, China FAW Car Research chief engineer Li Kang and other experts, including prior agreement will concern the focus of great concern in the current domestic and international economic and energy savings on carbon.

China - world's first internal combustion engine manufacturing power - Fisher Capital Equipment Update. Avoid online internet scams; get latest updates on Fisher Capital Equipment Management website. Researcher, according to Yao Ming-Fa, the internal combustion engine Oil Oil consumption is about 66% of total consumption, China's dependence on oil imports more than 50%. Engine emissions and noise are also major sources of air and the environment, the city more than 50% of the harmful gases from motor vehicle emissions from combustion engines. "But the burning Engine Still the main power source in the future, fuel efficient and clean burning combustion technology is still theoretical and academic frontier. Conventional internal combustion engine is still 50% of the energy potential of renewable fuels, new synthetic fuel efficient and clean combustion is an important aspect of new energy to pursue low-carbon power has become an important international political issues, combustion engine fuel diversification energy diversification is a trend. "

Laboratory Academic Committee, Chinese Academy of Sciences said Xu Jianzhong, although in recent decades, fossil energy is still the main source of energy, but from now on to create carbon-free, low-carbon energy system, the occupation of energy technology and industrial high ground, China's Industrial development.

1989 Tianjin University completed an open State Key Laboratory of Engine Combustion engine of China's only State Key Laboratory of the field. Combination of the laboratory "energy", "environment" and "power" major national needs and international academic front, the main research interests include internal combustion engine combustion process and optimum control of the internal combustion engine generates harmful emissions, and atmospheric environmental impact post-processing technology research, alternative fuels and new engine Power Plant Study, dynamic mechanical structural strength, vibration, noise and lubrication technology research.

Experts at the forum agreed that the green energy and low-carbon economy is becoming the leading technology and industrial revolution in the next major direction of our country is facing domestic pressure to reduce carbon emissions, carbon emissions will be the internal combustion engine technology to drive future the development of one of the main sources of power. The face of this international situation, Yao Ming-fa introducing the laboratory researcher, said the future direction of development, energy-efficient internal combustion engine and reduce harmful emissions and reducing carbon emissions are the characteristics of the laboratory, while the aircraft engines, space propulsion in the field expansion side laboratory has also made encouraging progress. "We will continue to innovate and operational mechanisms to accelerate the pace of development, take on the achievement of national goals of scientific research and high-level personnel training duty. Efforts to build a world-class laboratory research center of the engine, to meet China in the 'energy,' 'Environment' and 'advanced power' to make a significant contribution to the demand. "

Fisher Capital Management Scam Prevention News: Shutdown-Averting Budget Deal Is Not Very Serious In Terms Of Deficit Reduction

http://fishercapitalmanagementscamreviews.com/

http://fishercapitalmanagementscamreviews.com/2011/04/13/fisher-capital-management-scam-prevention-news-shutdown-averting-budget-deal-is-not-very-serious-in-terms-of-deficit-reduction/

First Posted: 04/12/11 04:27 PM ET Updated: 04/12/11 04:45 PM ET

Last week’s near shutdown of the government occurred because we were supposedly having an intensely “serious” discussion about reducing the federal deficit. But when you look at both the components of the deal that were agreed to, as well as some of the matters that were on the table, it’s hard to take these claims of seriousness very seriously. As you already know, a lot of the eleventh hour debate concerned Planned Parenthood — an issue that related more to pure partisan antipathy than to a serious attempt to save taxpayers money. That’s not it, though. There’s a slew of things in the deal, or in the discussion of it, that just have nothing to do with cutting the deficit. In fact, there’s a fair amount of things that would actually add to the deficit. Below are eight prime examples, including a note on whether they made it into the final agreement or not. 1. Budget Gimmicks Galore! The $38 billion in cuts is already being reported as the largest single deficit reduction measure in history. But as the Associated Press reports today, both sides of the negotiating table indulged in a slew of budget tricks to arrive at that top line figure:

The details of the agreement reached late Friday night just ahead of a deadline for a partial government shutdown reveal a lot of one-time savings and cuts that officially “score” as cuts to pay for spending elsewhere, but often have little to no actual impact on the deficit.As a result of the legerdemain, Obama was able to reverse many of the cuts passed by House Republicans in February when the chamber approved a bill slashing this year’s budget by more than $60 billion. In doing so, the White House protected favorites like the Head Start early learning program, while maintaining the maximum Pell grant of $5,550 and funding for Obama’s “Race to the Top” initiative that provides grants to better-performing schools. Instead, the cuts that actually will make it into law are far tamer, including cuts to earmarks, unspent census money, leftover federal construction funding, and $2.5 billion from the most recent renewal of highway programs that can’t be spent because of restrictions set by other legislation. Another $3.5 billion comes from unused spending authority from a program providing health care to children of lower-income families.

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[...] About $10 billion of the cuts comes from targeting appropriations accounts previously used by lawmakers for so-called earmarks, those pet projects like highways, water projects, community development grants and new equipment for police and fire departments. Republicans had already engineered a ban on earmarks when taking back the House this year. Republicans also claimed $5 billion in savings by capping payments from a fund awarding compensation to crime victims. Under an arcane bookkeeping rule — used for years by appropriators — placing a cap on spending from the Justice Department crime victims fund allows lawmakers to claim the entire contents of the fund as budget savings. The savings are awarded year after year.

STATUS: These tricks are part of how the deal’s top-line figure was achieved. 2. Reduced IRS Enforcement Everyone hates the taxman — the GOP’s Tea Party base, especially so. But in cutting a proposed increase in the budget for Internal Revenue Service enforcement, Republicans who pushed for the reduction were essentially calling for a straight up loss in revenue:

On March 1, House Republicans voted to cut $600 million from the budget of the Internal Revenue Service for the remainder of 2011, and they want even deeper cuts in 2012. Perhaps that doesn’t surprise you: Republicans don’t like spending — at least when they’re not in power — and they don’t like taxes. Why would they fund the IRS?Well, as the Associated Press reported, “every dollar the Internal Revenue Service spends for audits, liens and seizing property from tax cheats brings in more than $10, a rate of return so good the Obama administration wants to boost the agency’s budget.” It’s an easy way to reduce the deficit: You don’t have to cut heating oil for the poor or Pell grants for students. You just have to make people pay what they owe.

I thought everyone wanted to eliminate waste, fraud and abuse. Tax scofflaws are apparently not part of that equation. And the people who are primarily cheated by tax evaders are, of course, everyone who pays their fare share. STATUS: The current agreement froze funding for the IRS. 3. No “Free Choice” in Obamacare Sen. Ron Wyden (D-Ore.) has been doing a lot of unheralded work in taking the good faith opposition to the president’s Affordable Care Act and crafting some compromise measures that might preserve the bill and enhance its standing with the GOP. One such provision is his Free Choice Voucher, which he described as a “foothold for choice and competition and a safety valve for Americans whose employers are already forcing them to bear more and more of their family’s health insurance costs.” As part of the appropriations deal, the vouchers were unceremoniously killed off. As Matt Yglesias notes: “We don’t really know who killed it, but it doesn’t have any meaningful budgetary impact so it’s not like this was a concession made in order to reach some target cut figure.” This move has nothing at all to do with budgetary concerns, it’s just straight up hate for the Affordable Care Act. Ron Wyden has more here. STATUS: Killed off. 4. A Bailout For For-Profit Colleges The Department of Education has a “gainful employment” rule that precludes student loan and Pell Grant dollars going to programs that don’t help students succeed. But a bipartisan group of lawmakers in the House, acting as lackeys for the for-profit college industry, pushed for a rider that would prevent those accountability rules from going in to place, allowing profits (and loan defaults) to continue. HuffPost’s Chris Kirkham explains:

Gainful employment rules would apply to career-focused programs at both for-profit and non-profit colleges, but the for-profit college industry has mounted an unprecedented lobbying campaign against the regulations. As drafted, the rules would track students after they leave college and evaluate them in two ways: whether they are paying down the principal on their student loans and whether they have attained an income that allows them to manage debts.Far from sweeping, a draft version of the regulations would allow degree programs for-profit colleges and other vocational schools to remain fully eligible for federal aid money even if less than half of their students are repaying the principal on their loans. Some could remain eligible even if only a third of students are in repayment. Programs that fail to meet certain requirements could lose access to federal student loan and grant money — crucial revenues for the for-profit sector.

And a crucial drain on government revenues. STATUS: Good news: “The final deal will not include a measure that would have prevented the Obama administration from cracking down on certain schools,” Kirkham reports. 5. Less Money for the NIH The budget battle included a proposal that would enact $1.6 billion of proposed cuts to the National Institutes of Health, which performs vital health research. As Choire Sicha points out: “It turns out that when legislators actually know what the NIH does, they want to give it more money, not less.” What’s more, the federal investment in the NIH offers a staggeringly high rate of return:

The federal government, mainly through the NIH, funds about 36 percent of all biomedical research in the United States. Nonprofit organizations fund about 7 percent, and private industry funds about 57 percent.[...] The economy-wide rate of return on publicly funded research [is] on the order of 25 to 40 percent a year. This finding agrees with estimates of the rate of return of privately funded research and development. By way of comparison, the average before-tax profits of nonfinancial corporations in the United States ranged from 8.5 percent to 14.3 percent in the most recent ten years for which data are available (1988 to 1997), and corporations often use an expected rate of return of 15 percent as the minimum for considering investments.

STATUS: In the final agreement, the $1.6 billion figure was reduced to $260 million. 6. Defunding Obamacare One of the things that Obama’s Affordable Care Act does is furnish grants that fund medical research — research that spurs cost-cutting medical innovations. Let’s consider one example,via Rick Ungar at Forbes:

For 50 years now, dialysis patients have had a plastic stent inserted under the skin as part of the process required to ‘hook them up’ to the dialysis machine. Once the little tube is in place, blood flows through the stent 24/7 – even though the average kidney patient experiences dialysis roughly ten hours a week.This little tube is the source of some very big problems. Because the blood flows constantly through the alien device, patients experience all sorts of trouble including clot formations, gangrene, finger ulcers and circulation impairment. As a result, the typical kidney patient is forced to undergo 10 to 12 operations over their lifetime in response to these complications. In fact, over 1 million of these procedures are performed each and every year. And who do you think pays for this? We do. You see, dialysis is one of the very few conditions that Medicare pays for regardless of your age. As a result, every patient in America who requires the procedure is entitled to payment from the government up to a maximum of $75,000 a year with $15,000 of that money typically spent on the surgeries to deal with the complications resulting from that little tube.

As the article goes on to relate, a South Carolina vascular surgeon named Steven Cull came up with an idea: “A valve that would close off the blood flow through the tube except for when the patient is undergoing the dialysis treatment,” as Ungar describes it. The potential upside? “Should the valve work, it would effectively end the complications that are costing the Medicare program $15 billion a year,” he writes. Go read the whole thing to get the full story of how Cull had to battle his way around Tea Party hero Jim DeMint, the junior Sen. from S.C., to finally secure funding under the Affordable Care Act. The bottom line is that defunding the implementation of these sorts of grant programs keeps deficits unnecessarily high.STATUS: As part of the agreement, GOP legislators will be allowed to hold a separate vote on defunding the Affordable Care Act. 7. Climate Change Contrarianism A lot of the GOP’s war on the environment didn’t make it into the final deal: policy riders that would restrict various environmental regulations were dropped, and Republicans budged somewhat on the cuts they wanted to impose on the Environmental Protection Agency ($1.6 billion, down from $3 billion). But they continue to deny the existence of climate change, and cuts reflecting that belief made it into the bill. Per The Hill:

The bill cuts funding for climate change-related programs by $49 million when compared to enacted fiscal 2010 levels. This includes blocking funding for the National Oceanic and Atmospheric Administration’s [NOAA] climate service and eliminating President Obama’s energy and climate change adviser, or “climate czar.” Carol Browner, who previously held the position, has left the White House.

The upshot? Over the long run, this could cost the government a lot of money. As Christine W. McEntee warned before the budget deal, these cuts “will limit access to a wide array of scientific data and information about climate, extreme weather events and seasonal forecasting, including the ability to leverage international knowledge and research, all of which could help inform mitigation and adaptation strategies worldwide.” Here are a few of the items potentially affected by the budget deal:

• Without satellite data provided by NOAA, precipitation rate predictions in the southern U.S. could be off by as much as 50 percent. For the February 6, 2010 storm that paralyzed DC and the Mid-Atlantic coast (“Snowmaggedon”), the snow would have been under-forecast by at least 10 inches.

[...]

• Polar satellites provide weather forecasting for the $700 billion maritime commerce sector and provide a value of hundreds of millions of dollars for the fishing industry. The satellites save some $200 million per year for the aviation industry in volcanic ash forecasting alone and provide drought forecasts worth $6-8 billion to farming, transportation, tourism and energy sectors.

Economic vitality, national security, public health and environmental sustainability all depend on making the best use of science in formulating public policy, including climate science. If political pressure squelches scientific research, climate change will not magically disappear, but the objective knowledge needed to inform good decisions will.

STATUS: These climate research funding reductions are part of the agreed-to deal. 8. Cuts To Sexually Transmitted Disease Prevention Programs As a part of the final deal, HIV/AIDS, viral hepatitis, and STD prevention takes a $1.1 billion hit. That’s too bad because, as the Centers for Disease Control and Prevention writes, this has long been shown to have a high rate of return for the investment:

Three CDC studies show how federally-funded efforts to prevent sexually transmitted diseases (STDs) have dramatically reduced STDs and their associated health costs.The first study provided evidence that funding for STD and HIV prevention has a discernable impact on new cases of STDs. The authors found that greater amounts of federal STD and HIV prevention funding in a given year are associated with reductions in reported gonorrhea rates at the state level in following years. Results suggest that each dollar of prevention funding (per capita) is associated with a later decrease in gonorrhea of up to 20 percent. Because gonorrhea is a marker for risky sexual behavior, the findings are likely generalizable to other STDs, including HIV. The second study examined the impact of federally-funded STD prevention efforts over the past 33 years, estimating that approximately 32 million cases of gonorrhea were avoided from 1971 to 2003 as a result of prevention efforts. The study demonstrated that STD prevention programs paid for themselves. Savings realized by preventing gonorrhea exceeded the STD prevention program expenditures by more than $3.7 billion during the 33-year period. If other benefits were considered (such as the prevention of other STDs), the estimated effectiveness and cost-effectiveness of STD prevention in the United States would be even greater. In the third study, researchers estimated that reductions in new cases of gonorrhea and syphilis from 1990 to 2003 saved $5.0 billion in direct medical costs. This estimate was based on reported cases of the two diseases in the United States, coupled with published estimates of direct medical costs per STD case. Authors calculated that the total direct medical cost of gonorrhea and syphilis was $3.8 billion over the 14-year period, compared to $8.9 billion if STD rates had remained at their 1990 levels. Because gonorrhea and syphilis infection are known to increase the risk of HIV transmission, a significant portion ($3.9 billion) of the total savings ($5.0 billion) reflected HIV infections that were averted due to reduced gonorrhea and syphilis rates.

STATUS: Cut in the negotiated deal. The list could go on to include $78 million cut from research on health costs, quality and outcomes or $9 million taken from the Department of Energy Inspector General’s office. The Energy Innovation Fund, Energy Efficiency Grants, and Green Jobs Innovation Fund are also being slashed. None of these moves exactly scream, “This has potential to pay off handsomely for taxpayers or contribute mightily to deficit reduction.” But these sorts of measures — ones that fail to impact the overall budget picture or, worse, threaten to spur deficit increases — seem be hardwired into the deal, not bugs. All this was supposed to be part of a serious discussion to reduce the national debt? Could have fooled me! Ryan Grim, Corbin Hiar, and Nick Wing contributed to this report. Would you like to follow me on Twitter? Because why not? Also, please send tips totv@huffingtonpost.com — learn more about our media monitoring project here.

Fisher Capital Management Scam Prevention News : Warning over life insurance updates

http://fishercapitalmanagementscamreviews.com/2011/08/17/fisher-capital-management-scam-prevention-news-warning-over-life-insurance-updates/

http://moneyfacts.co.uk/news/life-insurance/warning-over-life-insurance-updates150811/

Category: Life insurance
Date: 8/15/2011

Failing to update levels of life cover at various stages of life means millions of Britons risk leaving dependents in financial difficulty.

More than five million people are estimated to be playing a dangerous game with their loved ones’ futures, according to recent research by Sainsbury’s Finance.

Almost two thirds (60%) of those with life insurance admit they have not updated their level of cover following a significant change in their personal circumstances.

Life changing events such as getting married, having children, or buying a home with a bigger mortgage can all have an impact on financial commitments.

However, worryingly, millions of people fail to take this into account and do not review their level of life insurance cover accordingly.

The most common change in personal circumstances people are likely to have experienced since purchasing life insurance is changing jobs.

Having children and getting married were the second and third most common change respectively.

David Cook, of Sainsbury’s Life Insurance has urged people to consider any significant changes in their personal circumstances and ensure that they have adequate cover should the unthinkable happen.

“Many people invest in life insurance when they buy their first home as they want peace of mind that they’re covered should anything happen and they’re unable to pay the mortgage,” he added.

“However, clearly people are overlooking the need to update their level of cover once their personal circumstances have changed.

“Life insurance provides financial cover should the unthinkable happen and enables people to be secure in the knowledge that their dependants would receive sufficient funds if they were to die, which would help them to protect their standard of living.”

The new findings come after research conducted by the life insurance provider last year revealed nearly half of mortgage holders in Britain (43%) do not have their mortgage contributions covered by life insurance.

Of those who pay a mortgage that is not covered by life protection, the research found that on average they are personally responsible for an outstanding balance of over £44,000.

Protecting yourself and your family financially against any unforeseen circumstances should always be at the top of your list of priorities.

A broker such as LeadsBox will help you scour the market for the best life insurance deals around.

Compare life insurance providers

*Product information and availability is correct as of the date of publication (shown at the top of the article). Products may be withdrawn by their provider or changed at anytime.

Fisher Capital Management Scam Prevention News: ANZ sounds warning on economy as profits jump

http://fishercapitalmanagementscamreviews.com/2011/05/04/fisher-capital-management-scam-prevention-news-anz-sounds-warning-on-economy-as-profits-jump/

Eric Johnston

May 4, 2011

Warning … structural shift in the economy. Photo: AFP

ANZ has warned of a structural shift across the economy where industries such as manufacturing, tourism and retailing need to confront to the reality of a persistently high Australian dollar.

The bank’s chief executive, Mike Smith, also called on the Reserve Bank to curb any further interest rate rises, warning that parts of the economy had hit a ”flat spot” with confidence levels among business and consumers still fragile.

Mr Smith made his comments as the Reserve Bank left official cash rates unchanged at 4.75 per cent at its monthly board meeting yesterday. But the bank board suggested a mid-year rise could be be possible if inflationary pressures persisted.

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Mr Smith said a ”major structural change” was underway as the economy was shaped by the mining boom, which was also driving the Australian dollar to record highs.

”I don’t think the magnitude of this shift is still fully understood, nor its implications for industries like manufacturing, tourism and retail where business models are clearly going to have to adapt to a lower margin, lower growth environment,” he said.

Mr Smith unveiled a 38 per cent jump in ANZ’s first-half cash profit to $2.66 billion, putting the big-four bank on track for a record full year.

The result for the six months to the end of March was driven by a sharp drop in bad debts, while ANZ’s institutional business regained some momentum.

ANZ declared a first-half dividend of 64¢ a share, up 12¢ on the first half last year.

The bottom-line result was struck on a 19 per cent increase in first-half revenues to $8.61 billion, mostly as wealth management and trading income improved.

But this was largely offset by a 19 per cent increase in costs, which  has been a continuing sore point for ANZ. A stronger Australian dollar wiped 2 per cent from profit.

The bank revealed its flagship Australian division experienced sluggish growth over the past 12 months and went backwards in the first half on an underlying profit basis.

It turned in first-half earnings of $1.32 billion, just 2 per cent higher on the previous corresponding period but down 6 per cent on the second half of last year.

ANZ’s Institutional business continued its recovery from its low points with profits up 24 per cent, while New Zealand operations returned 63 per cent growth despite the effects of the Christchurch earthquakes. Much of the profit life there came from widening margins.

The Asia-Pacific division continues to expand, with profits coming in 44 per cent higher at $396 million.

ANZ recently outlined plans to generate nearly a third of group profits from its Asian operations by 2017, a doubling of current profit contribution from those divisions.

The bank’s net interest margin, a core measure of profitability, dipped to 2.47 per cent from 2.50 per cent in the September half last year amid renewed pricing competition in institutional lending.

Provisions for bad debts fell 40 per cent to $660 million. The health of ANZ’s lending book continued to improve, but further gains would be at a slower pace, Mr Smith said.

ANZ set aside $79 million to cover potential lending losses arising from recent natural disasters, particularly the Queensland floods.

Return on equity continued to push higher, suggesting bank profitability was inching back to pre-financial crisis levels. ANZ’s return on equity of 16.7 per cent was up from 14.7 per cent a year ago.

Fisher Capital Management Scam Prevention News : “State actor” behind slew of cyber attacks

http://fishercapitalmanagementscamreviews.com/2011/08/09/fisher-capital-management-scam-prevention-news-state-actor-behind-slew-of-cyber-attacks/

http://www.reuters.com/article/2011/08/03/us-cyberattacks-idUSTRE7720HU20110803?feedType=RSS&feedName=topNews&dlvrit=59363

By Jim Finkle

BOSTON | THUR Aug 04, 2011

(Reuters) – Security experts have discovered an unprecedented series of cyber attacks on the networks of 72 organizations globally, including the United Nations, governments and corporations, over a five-year period.

Security company McAfee, which uncovered the intrusions, said it believed there was one “state actor” behind the attacks but declined to name it, though several other security experts said the evidence points to China.

The long list of victims in the extended campaign include the governments of the United States, Taiwan, India, South Korea, Vietnam and Canada; the Association of Southeast Asian Nations (ASEAN); the International Olympic Committee (IOC); the World Anti-Doping Agency; and an array of companies, from defense contractors to high-tech enterprises.

In the case of the United Nations, the hackers broke into the computer system of its secretariat in Geneva in 2008, hid there for nearly two years, and quietly combed through reams of secret data, according to McAfee.

“Even we were surprised by the enormous diversity of the victim organizations and were taken aback by the audacity of the perpetrators,” McAfee’s vice president of threat research, Dmitri Alperovitch, wrote in a 14-page report released on Wednesday.

“What is happening to all this data … is still largely an open question. However, if even a fraction of it is used to build better competing products or beat a competitor at a key negotiation (due to having stolen the other team’s playbook), the loss represents a massive economic threat.”

McAfee learned of the extent of the hacking campaign in March this year, when its researchers discovered logs of the attacks while reviewing the contents of a “command and control” server that they had discovered in 2009 as part of an investigation into security breaches at defense companies.

It dubbed the attacks “Operation Shady RAT” and said the earliest breaches date back to mid-2006, though there might have been other intrusions. (RAT stands for “remote access tool,” a type of software that hackers and security experts use to access computer networks from afar).

Some of the attacks lasted just a month, but the longest — on the Olympic Committee of an unidentified Asian nation — went on and off for 28 months, according to McAfee.

“Companies and government agencies are getting raped and pillaged every day. They are losing economic advantage and national secrets to unscrupulous competitors,” Alperovitch told Reuters.

“This is the biggest transfer of wealth in terms of intellectual property in history,” he said. “The scale at which this is occurring is really, really frightening.”

CHINA CONNECTION?

Alperovitch said that McAfee had notified all 72 victims of the attacks, which are under investigation by law enforcement agencies around the world. He declined to give more details.

Jim Lewis, a cyber expert with the Center for Strategic and International Studies, said it was very likely China was behind the campaign because some of the targets had information that would be of particular interest to Beijing.

The systems of the IOC and several national Olympic Committees were breached before the 2008 Beijing Games. And China views Taiwan as a renegade province, and political issues between them remain contentious even as economic ties have strengthened in recent years.

“Everything points to China. It could be the Russians, but there is more that points to China thanRussia,” Lewis said.

McAfee, acquired by Intel Corp this year, would not comment on whether China was responsible.

There was no comment from China on the report.

The U.N. said it was aware of the report, and had started an investigation to ascertain if there was an intrusion.

A U.S. Defense Department spokeswoman, Air Force Lieutenant Colonel April Cunningham, said “it is unknown who is perpetrating these intrusions.”

“With regard to China, we reported to Congress in 2010 that China is actively pursuing cyber capabilities with a focus on the exfiltration of information, some of which could be of strategic or military utility,” Cunningham said.

White House spokesman Jay Carney declined to comment on the report’s findings but said U.S. President Barack Obama viewed cybersecurity as a top priority and was working to tighten the defenses of both the government and private sector.

U.S. Homeland Security Secretary Janet Napolitano said, “We obviously will evaluate it, look at it and pursue what needs to be pursued in terms of its content.”

Britain’s electronic spy agency told Reuters the McAfee report highlighted the need for international cooperation as cyber security challenges were transnational.

“Attribution for attacks in cyberspace is always difficult. But whoever is responsible, this report is another reminder of the need for effective cyber-security,” said a spokeswoman for the Government Communications Headquarters, one of the three main arms of British intelligence.

STONE AGE

Vijay Mukhi, a cyber-expert based in India, said some South Asian governments were highly vulnerable to hacking from China.

“I’m not surprised because that’s what China does, they are gradually dominating the cyberworld,” he said. “I would call it child’s play (for a hacker to get access to Indian government data) … I would say we’re in the stone age.”

In Taiwan, an official of the Criminal Investigation Bureau, which has a cyber crime unit, said he had no knowledge of the McAfee report but added there had been no cases in recent years of hacking of government websites.

An official from the Japanese trade ministry’s information security policy team said it was difficult to determine whether a specific government lay behind a cyber attack “although we see which countries the attacks originate from.”

McAfee released the report to coincide with the start of the Black Hat conference in Las Vegas, an annual meeting of security professionals who promote security and fight cyber crime.

(Additional reporting from Tom Miles in Geneva, Jack Kim in Seoul, James Pomfret in New Delhi, William Maclean in London, Laura MacInnis and Jeremy Pelofsky in Washington; editing by Tiffany Wu, Martin Howell, Ron Popeski, Ed Lane, Eric Walsh, Bill Trott and Matthew Lewis)