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www.smh.com.au — "They are stealing everything that isn't bolted down, and it's getting exponentially worse," said Representative Mike Rogers, a Michigan Republican who is chairman of the US Permanent Select Committee on Intelligence.

"We're talking about stealing entire industries," he said. "This may be the biggest transfer of wealth in a short period of time that the world has ever seen."

www.thechinatimes.com — China provided 85% of the counterfeit products seized at EU borders in 2010, revealed on Thursday by the European Commission in a report on customs operations. Beijing is far ahead of Turkey, Thailand, Hong Kong and India, countries that specialize in specific counterfeit products, such as drugs for India or memory cards for Hong Kong.

www.reuters.com — Chinese Premier Wen Jiabao told the European Union on Wednesday to stop piling pressure on Beijing to revalue its currency, saying a rapid shift could unleash disastrous social turmoil. The United States and the European Union accuse China of keeping its currency artificially weak to promote exports, undermining jobs and economic growth in the West.

www.europeanvoice.com — Greece's decision to turn for help to China first highlights a few disturbing trends for Europe. It looks like Greece will be all right. After years of denial and budget blow-outs that left the country's public finance in a dire mess, it was announced after the summit of EU leaders on 11 February that – in one way or another – the eurozone will support Greece in getting its economy back on track.