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From hackers to entrepreneurs: The Sino-US cyberwar veterans going straight

While some veterans of the Sino-US cyberwar of 2001 remain true to the 'spirit of geeks', many have since carved out profitable internet businesses

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Liu Qing, entrepreneur

Dozens of tall, pretty models in heavy make-up stroll around in alluring cheerleader outfits, but Liu Qing has no time to spare for the girls. He criss-crosses a giant convention hall amid hundreds of exhibitors, handing out business cards and chatting to potential customers.

"This is a great opportunity to get to know major video game companies, learn how the industry operates and to do business with them," says Liu, chief executive of a start-up mobile game company. The round-faced 33-year-old, in slacks and slippers, handed out more than 200 business cards at ChinaJoy, the country's largest internet game convention, held in Shanghai late last month.

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China sanctions 6 US firms as tensions boil over trade, TikTok sale

US firms handed punitive trade restrictions in advance of high-profile meeting between leaders Xi Jinping and Donald Trump

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China has sanctioned six US firms ahead of a widely anticipated meeting between President Xi Jinping and US President Donald Trump next month. Photo: TNS
Ji Siqiin BeijingandXiaofei Xuin Paris

China announced trade sanctions for six American companies on Thursday, another flare-up in its wide-ranging rivalry with the United States as the two countries prepare for a hotly anticipated meeting between their leaders.

According to a statement from Beijing’s Ministry of Commerce, three US companies were added to the “unreliable entity list”, effectively banning them from trade and investment in China.

The affected enterprises – unmanned vehicle firm Saronic Technologies, satellite company Aerkomm and subsea engineering firm Oceaneering International – have “engaged in so-called military-technical cooperation with Taiwan, severely undermining China’s national sovereignty, security and development interests” despite strong opposition, the ministry said.

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