Page 2 of 6 FirstFirst 123456 LastLast
Results 26 to 50 of 127
  1. #26
    Member
    harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    Today @ 08:36 PM
    Posts
    50,737
    Quote Originally Posted by OhOh View Post
    The Japanese companies made money decades ago making cheap imitations of proven products. Now they are or have been world leaders in many different products. They bought know how, they bought machine tools, they bought technology and leapfrogged western competition, it can be done by anybody with finance and a plan.
    True enough but the Chinkies are still at the "nicking shit" stage.

    I won't be flying on one of their new airliners for a long, long time.....

  2. #27
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    Quote Originally Posted by harrybarracuda View Post
    "nicking shit" stage.
    The west has been nicking shit for centuries. The Asians, the Japanese, Koreans, The Taiwanese for a few decades. The Chinese a couple of decades. Put the blame where it is deserved, the short termism, quarterly share increase or decrease, profits before continuity, screw the average Joe's wages. The incompetent management who allowed these offshore deals to flourish, all for short term gains.

    Without expecting the new workers had the ability to learn, expand and modify work processes and gain more and more orders for their goods. Opening new markets expanding existing markets by commercial risk taking. There is stagnation in the west and optimism in the east.

    Surely you can sense the winds of change?
    A tray full of GOLD is not worth a moment in time.

  3. #28
    Member
    harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    Today @ 08:36 PM
    Posts
    50,737
    Quote Originally Posted by OhOh View Post
    The west has been nicking shit for centuries.
    Oh stop it. We aren't talking about exploiting resources here, we are talking about counterfeiting.

    There is stagnation in the west and optimism in the east.

    Surely you can sense the winds of change?
    There is still innovation and invention in the West. The problem is that as soon as the chinkies get their hands on it, they're knocking it out at half the price.

    That's where your winds of change are. The only way western labour can compete is to pay its workers $1 an hour as well.


  4. #29
    Thailand Expat
    sabang's Avatar
    Join Date
    Feb 2006
    Last Online
    Today @ 09:52 AM
    Location
    There
    Posts
    30,783
    It is as plain as night following day- if and when you set up manufacturing facilities in a foreign country, the host nation will learn and assimilate several of your technologies and processes. Most of this is not deemed illegal, but under 'intellectual property' laws no doubt some of it is, plus of course substantial grey areas. Most of this technology creep happens through the simple processes of poaching staff and reverse engineering (deconstructing & reassembling basically).

    You need look no further than history. The US was the worlds largest auto manufacturer for many years, yet they did not invent or develop the infernal combustion engine, pneumatic tyres, seat belts etc. Most auto technology originated in Europe- Germany & UK. Rinse and repeat Japan, then Korea, now China. The US only started to bang the drum about 'intellectual property' when it basically took the lead in this area- quite understandable actually. Now, in several areas, China is poised to take the lead.

    If you want to keep proprietary technology 'in house', you've got to keep your manufacturing & research there too. Even then, competitors will slowly catch up through reverse engineering and research. Still, it is a big advantage to have 'first mover advantage'- but Europe & the US gave most of that up years ago by shifting manufacturing overseas on a wholesale basis, to save a buck &/or access foreign markets. Too late to be crying into your porridge now.
    Last edited by sabang; 02-05-2018 at 06:04 AM.
    probes Aliens

  5. #30
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    Here are a couple of examples from a report issued today by Global Times regarding Chinese chip development and production:

    Preparation will boost China’s chip progress


    By Zhang Lili Source:Global Times Published: 2018/5/1 21:53:40



    "For example, we can learn from South Korea in the integration of international technologies and entrepreneurship. The rise of South Korea's chip sector was closely related to the success of Samsung. Samsung's research and development (R&D) began in the early 1980s and took almost 15 years to reach the advanced world level in the mid- to late 1990s. Japan claimed that South Korea could by no means surpass Japan even in 15 years, but in reality South Korea overtook Japan in less than 10 years.

    South Korea drew inspiration from other advanced countries. South Korea went to Japan and the US to learn and acquire technology, and it then independently developed technology based on what it had learned. The mastery of core technologies allowed South Korean chips to dominate the world. The entrepreneurial spirit of the Koreans in that generation, represented by Samsung founder Lee Byung-chull, also deserves our respect. At that time, South Korean entrepreneurs were determined to surpass Japan. They abandoned the pursuit of short-term interests, invested whatever the cost, actively cooperated with the government in the development of new technologies, persuaded the government to further increase support and strove for development opportunities. This is also an important reason why South Korean chip producers are highly resilient."

    "The development path of Japan's university-industry collaboration has great significance for us. In the early 1970s, Japan's semiconductor industry was more than 10 years behind the US. In the mid-1970s, the semiconductor industry in Japan was forced to open its markets to the US and was threatened by the emergence of IBM's new technologies.

    In response, Japan began the so-called Very Large Scale Integrated (VLSI) project. This was an important case of university-industry collaboration. It was led by the Ministry of International Trade and Industry and it drew on the combined resources of Hitachi, Mitsubishi, Fujitsu, Toshiba and Nippon Electric, plus talent from the national electrical technology institutions.

    More than 1,000 patents were acquired during the four-year project, and Japan's technological competence in microelectronics drew neck-and-neck with the US."

    Similar state and private investment to the Chinese model, similar outlook on long-termism.

    One possible difference is that the foreign firms have already invested in China, to make larger profits for their companies executives and shareholders.But pay taxes to China and employ chinese workers, as opposed to their own country's government and workers.

    Another is the use of foreign universities to educate the worlds foreign students. Countries opened up and welcomed much higher free paying foreigners. Exposing themselves to Chinese culture and possible expansion into China for their establishments, additional research programmes, loss of academics to Chinese competitors, loss of education systems and admin and personnel.All these actions demanded thought, planning and agreement. The countries government departments, along with academic and commercial enterprises took these decisions to make profits. Should these decision makers be named and shamed, should sanctions be imposed on them. Should they be forced to close all foreign investments/shut plants/academies/research projects.........

    Please point out the differences, if there are any.

    Preparation will boost China?s chip progress - Global Times

  6. #31
    Days Work Done! Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    @
    Location
    Roiet
    Posts
    27,459
    Quote Originally Posted by sabang View Post
    access foreign markets
    Years ago, GM saw the emerging market potential in China. As required by Chinese law (as in many countries) they had to form a partnership with a local company. Specifically Shanghai Automotive Industries Corp (SAIC). GM did so with eyes wide open and reaped huge profits from the partnership. As Sabang points out, SAIC also benefited in learning manufacturing and retailing processes. Processes they have used to grow their business independent of GM.

    The US might bitch about the requirement to have a local partner, a requirement not imposed in the US for foreign manufacturers, but nothing to do with IPR.

    Companies spend billions on IPR protection and rightly so as it is common and harms the owner if the Intellectual Property. China has in recent years strengthened it's IPR protection laws. Arguably more is needed but China fully understands foreign investment is predicated on a nations IPR protection laws.
    Whenever you find yourself on the side of the majority, it is time to pause and reflect.

  7. #32
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    Quote Originally Posted by harrybarracuda View Post
    exploiting resources
    Human, environmental, financial, regulatory, health care, pensions, paid holidays, camp like accommodation and physical commodities imported from foreign lands.

    Nah, it's just IPR. What is an IPR licence fee for a chip design, a chemical formulae, 0.0000001 %, 0.001%, 1 %, 10% .........? of an individual product, per chip, per litre of a 10,000 litre chemical run, a 20 kg. block of high tech aluminium? You might say the production technique of a turbine blade is more precious than the chemical formulae of the base material or heating oven or the press design or milling machine. I've not priced it out myself.



    Some suggest that the added costs to ameristani companies of just the health care provisions for employees, is a large reason they companies lose new and existing business, at home and abroad

    Quote Originally Posted by harrybarracuda View Post
    they're knocking it out at half the price.
    Possibly historically. Now wages are rising in China, in ameristan? The future as we know is automation. China will hopefully tax the machines which replace humans and spend them on the redundant humans. Not being added to the share price as "profit" for the share holders and executive bonuses.

    It may even bridge the demographics problem China will experience, of low birth rates and an ageing population.

    The ameristan solution to unemployment is:

    Unpaid interns, more zero hours, minimum wage jobs in slave like service positions and being forced into a 8m. sq. personal space, car or tent accommodation under a highway bridge, a la Japan.

    What a future for the western youngsters of today.
    Last edited by OhOh; 02-05-2018 at 11:16 AM.

  8. #33
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    US exports to China hit record $128b

    By Chen Weihua in Washington | China Daily | Updated: 2018-05-02 07:13




    "Report comes just days ahead of visit of Treasury Secretary Steven Mnuchi

    Exports from the United States to China grew faster than US export growth to the rest of the world, according to a report from the US-China Business Council released on Monday.


    The US exported nearly $128 billion of goods to China in 2017, more than ever before and making China the third-largest US goods export market, trailing Canada and Mexico, according to the USCBC's 2018 annual report on state exports. US goods exports to China declined slightly in 2015 and 2016.


    For US services exports, China has become a major market and is virtually tied with Canada as the second-largest market, at close to $53 billion.


    "Despite trade barriers that frustrate full market access, US exports to China continue to contribute to US economic growth," said John Frisbie, president of the USCBC, which represents more than 200 US companies doing business in China.


    "Exports to China support 1 million American jobs annually across a wide range of industries," Frisbie said.


    Forty-nine US states have expanded their goods exports to China over the past decade, with 17 states experiencing triple-digit growth. Every US state has had triple-digit services export growth to China over the past decade, with 31 states experiencing services export growth of more than 300 percent, according to the report.


    The report shows that US goods exports to China grew by 86 percent over the last decade, compared with only 21 percent to the rest of the world."

    It appears it can be done and presumably a profit made. Why aren't the ameristani losing companies, investigating those ameristani companies who are doing all this good business, instead of blaming the greedy foreigners.

    Is it laziness, awaiting another government contract/subsidy/handout/central or local tax reduction?

    Is it still more profitable for the management/share holders to close down local plants/R&D/basic research etc. to destroy the local economies and continue to offshore jobs/investments?

    One question, when loading the containers are they weighed and placed in a "balancing" position or is the loaded ship just balanced by adjusting the ships side tanks with water?

    http://www.chinadaily.com.cn/a/20180...cf651b69a.html
    Attached Images Attached Images
    Last edited by OhOh; 02-05-2018 at 11:39 AM.

  9. #34
    Member
    harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    Today @ 08:36 PM
    Posts
    50,737
    And I was sure baldy orange cunto said he was going to sort that shit out.


  10. #35
    Days Work Done! Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    @
    Location
    Roiet
    Posts
    27,459
    Quote Originally Posted by harrybarracuda View Post
    And I was sure baldy orange cunto said he was going to sort that shit out.

    45 isn't going to sort shit out. A self proclaimed huuuuge business success obviously missed the "supply and demand" bit during his education.

    When US demand for Chinese goods goes down and demand for US goods goes up in China, the trade deficit will go down.

    The man is an idiot.

  11. #36
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    Shades of the old gunboat diplomacy of the past. Buy our goods or we kill a few thousand including your emperor. Uncle Xi has spoken about Chinas past and vowed not to let it happen again.

    We shall see, "it's too early to tell"ใ

  12. #37
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    Quote Originally Posted by harrybarracuda View Post
    I won't be flying on one of their new airliners for a long, long time.....
    Happy to be carried in Airbus and Boeing planes, put together in China though?

    Opening-up to benefit local, foreign companies





    "China's drive to further open up its aircraft manufacturing sector will be a shot in the arm for both the local industry and foreign companies planning to increase their investments, said the newly appointed China CEO of European aircraft manufacturer Airbus SE.
    "It is significant positive news. It will be mutually beneficial for the local manufacturing industry and high-tech aviation companies to expand their investments in China. It will surely help to deepen the cooperation between foreign manufacturers and their Chinese counterparts," George Xu, CEO of Airbus China, told China Daily.


    "Airbus values the importance of the China market, and it also recognizes the manufacturing and innovation ability of the country. We hope to achieve a win-win situation together with China," he said.


    As part of the country's broader opening-up push, the National Development and Reform Commission said earlier that China will phase out the 50 percent equity cap this year for foreign aircraft manufacturers in joint ventures in China.


    The manufacturing of trunk planes, regional planes, general aviation aircraft, helicopters, unmanned aerial vehicles and aerostatics will benefit from the relaxation in the equity cap restrictions, according to the statement. Before, China's aviation industry had a high threshold for foreign investment access.


    Xu pointed out that the easing of foreign equity restrictions will allow domestic companies to better interact with foreign firms and help Chinese companies to improve. The Chinese aviation market witnesses huge growth every year, and the incremental quantity is big enough to welcome competition between different firms.


    This year, 10 years after it was established, the Airbus Tianjin A320 family final assembly line, a major industrial base for Airbus in Asia, will deliver the 400th A320 family aircraft.


    Meanwhile, China has become Airbus Helicopters' biggest civilian market in terms of annual orders, exceeding the United States. To meet that demand, Airbus Helicopters has started building a final assembly plant in Qingdao, Shandong province.


    The factory, which will assemble H135 aircraft-a light, twin-engine helicopter-is expected to come online and roll off the first aircraft in the second half of the year.
    "We are also researching and discussing the feasibility of other in-depth cooperations. We don't rule out any possibilities," Xu said.


    "Besides industrial cooperation with Chinese firms, we would also like to expand cooperation with Chinese airlines in terms of training, spare parts maintenance and other digital collaborations."


    Airbus' US rival Boeing has a B737MAX completion and delivery center in Zhoushan, Zhejiang province, and it is expected to go into operation in May. By the end of this year, Boeing plans to deliver the first B737MAX plane directly from Zhoushan to a domestic airline."

    Note: Boeing is only supplying the Chinese planes to Chinese Airlines. Do Boeing have a little plaque the passengers can check, before boarding/buying a ticket, on the plane/ticket web sites?

    Opening-up to benefit local, foreign companies - Chinadaily.com.cn
    Attached Images Attached Images

  13. #38
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    CNOOC-Shell plant opens in Guangdong






    "Production of a major ethylene project formally kicked off in Huizhou, Guangdong province, on Wednesday, helping the country reduce dependence on imported petrochemical products.

    China National Offshore Oil Corporation and Shell Nanhai BV announced the start up of their second ethylene cracker at their Nanhai petrochemicals complex in Daya Bay, a major petrochemical production base.

    Meanwhile several derivative units have also started and the remaining units will begin production progressively over the next few weeks. These units were constructed by CNOOC and are owned and operated by CSPC, the existing CNOOC and Shell Petrochemical Co joint venture.

    "The start up of the new ethylene cracker and derivatives units is a significant milestone for Shell," said Graham van't Hoff, executive vice-president for Royal Dutch Shell PLC's chemicals business.

    "I would like to thank our partner CNOOC for its excellent project delivery. As the largest single-site ethylene complex in China, CSPC is key to Shell Chemicals' growth ambitions," he said.

    He Zhongwen, chairman and president of CNOOC Oil & Petrochemicals Co Ltd, said the expansion project demonstrates great synergies between CNOOC's engineering, construction and management capabilities, and Shell's advanced technologies in chemicals.

    "It has been recognized by the government as a role model for major industrial projects in China. And this shows what we can achieve through effective international partnerships," He said.

    "We can now produce more and better chemical products for the growing domestic market," he said.

    The new complex utilizes Shell's proprietary OMEGA, SMPO and polyols technologies to produce ethylene oxide, ethylene glycol, propylene oxide and high-quality polyols, as well as advanced technologies for polyolefins, phenol and oxo-alcohols production, he said

    The new ethylene cracker increases ethylene capacity at the complex by about 1.2 million metric tons per year, more than doubling the capacity of the complex, and benefits from a deep integration with adjacent CNOOC refineries, He said.

    The new facility will also include a styrene monomer and propylene oxide plant, which will be the largest in China when it begins operations.

    It is the first time that Shell's industry-leading OMEGA and advanced polyols technologies have been applied in China. With a strong track record of reliable and safe operations, the petrochemicals complex produces olefins and derivative products that are used in a wide range of industrial and consumer products, including household appliances, cars, furniture and computers.

    The complex benefits from deep integration with the adjacent CNOOC refineries. The expansion enables further monetization of advantaged feedstock from nearby CNOOC refineries, responding to the anticipated strong Chinese domestic demand in the long term.

    Shell has onshore and offshore gas and oil development projects in partnership with PetroChina and CNOOC, both inside and outside China, which help to fuel the country's fast-growing economy. Shell's downstream business in China now consists of 11 joint ventures and eight wholly-owned companies.

    Founded in 1982, CNOOC is now the largest offshore oil and gas producer in China and its business covers more than 40 countries and regions worldwide."
    Attached Images Attached Images

  14. #39
    Member
    harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    Today @ 08:36 PM
    Posts
    50,737
    I'm not worried about the A320's made in Airbus factories, I'm worried about the Chinese knock offs made in Chinese owned and and run ones.


  15. #40
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    As I asked, how do you know where they are put together?



    Ah, your happy with EU Airbus QA, but not Chinese Airbus QA. Gotcha.

  16. #41
    Member
    harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    Today @ 08:36 PM
    Posts
    50,737
    Quote Originally Posted by OhOh View Post
    As I asked, how do you know where they are put together?



    Ah, your happy with EU Airbus QA, but not Chinese Airbus QA. Gotcha.
    Yep, that's about right.

  17. #42
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    China delivers 1st batch of 20 mobile clinics to Cambodia


    Source:Xinhua Published: 2018/5/10 1725



    "China on Thursday delivered the first batch of 20 mobile clinics to Cambodia in order to serve the country's rural communities, officials said.

    The handover ceremony was made here between Chinese Ambassador to Cambodia Xiong Bo and Cambodian Minister of Health Mam Bunheng.

    Mobile clinics are buses specifically designed to be primary care clinics. Staffed by nurses, the clinics provide on-the-spot primary care for patients living in rural communities.

    Supplied by Sinopharm Group, the mobile clinic was divided into seven sections and equipped with 22 kinds of advanced medical equipment that could effectively treat various common diseases, Xiong said.

    He added that a team of Chinese medical experts would soon join their Cambodian counterparts to provide medical checkups and treatment to people in Phnom Penh, Kampong Cham province and Battambang province.

    "We hope and believe that these mobile clinics will bring the Chinese people's friendly sentiments to the Cambodian people," he said, adding that this was another achievement marking the 60th anniversary of diplomatic relations between China and Cambodia.

    Bunheng said China signed to donate 40 mobile clinics to Cambodia in November last year, and the first batch of 20 mobile clinics was delivered to Cambodia today and the second batch of other 20 mobile clinics would be given to the country by October this year.

    "This is the first time that China donated mobile clinics to Cambodia, and the mobile clinics will be allocated to all health departments in the country's 25 cities and provinces," he said. "These mobile clinics will bring health services with quality, safety and efficiency closer to the people."

    The minister expressed his sincere and heartfelt thanks to China for the donation, saying that the mobile clinics would importantly contribute to enhancing the Cambodian people's well-being and life quality.

    Voeurng Bunreth, director of the Battambang Provincial Health Department, said the mobile clinics were very important for people living in rural communities and his province had received two clinics.

    "The donation of these mobile clinics to Cambodia is very useful for the Cambodian people who live in remote areas and are difficult to travel to health centers in towns. With these clinics, we can reach remote areas and help them," he told Xinhua.

    Bunreth said the mobile clinics would provide medical services to residents in Battambang province from May 31 to June 4, and a Chinese medical team from Kunming City of southwest China's Yunnan province would also join the operation.

    "We expect that we can provide medical services to around 2,000 people a day," he said."

    China delivers 1st batch of 20 mobile clinics to Cambodia - Global Times


    Winning hearts, lungs, fingers and toes. Again
    Attached Images Attached Images

  18. #43
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    China develops world’s thinnest glass, eyes competitive market edge

    By Yin Han Source:Global Times Published: 2018/5/10 21:48:42

    "China has set a new world record for thinness with its ultra-thin glass, with an expert saying that the core technology breakthrough in manufacturing makes China at par when dealing with foreign companies, and also makes the international market a fair one. The new glass is 0.12 millimeters thick and is produced using the "float process," China Central Television reported on Wednesday.

    The glass was developed by Bengbu Glass Industry Design Research Institute in East China's Anhui Province and began mass production in April, the report said.

    Ultra-thin glass is the core material in making electronic display screens on mobile phones, computers and televisions. It is difficult to make it thin while maintaining strength and toughness.


    "The technology breakthrough allows China to have a bigger role in the international flat panel display market and makes China more confident when cooperating with foreign corporations," Bai Ming, deputy director of the Ministry of Commerce's International Market Research Institute, told the Global Times on Thursday.

    A test shows that the paper-thin glass remains intact after being slammed by a steel ball whose power is equivalent to that of a compact car hitting a wall at a speed of 150 kilometers per hour, CCTV reported.


    "It is important for China to develop its own technology in significant fields to be on par with foreign companies and countries, otherwise it would be in a position of weakness when encountering challenges. ZTE Corp's case is an example," Bai said."

    Will Chinese companies offer a licensing agreement, which can be revoked on the whim of a corrupt politician, to the hungry world?

  19. #44
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    BYD to provide LAX with US largest airfield fleet of all-electric buses



    "LOS ANGELES - Chinese electric automaker BYD will supply Los Angeles International Airport (LAX) with 20 all-electric buses for airfield passenger transportation, which make up the largest airport fleet of its kind in the United States.

    The 60-foot articulated buses being delivered are battery-electric and will be produced at the BYD Lancaster plant in Southern California, said BYD in a statement released on Thursday.



    The buses have an approximate range of 250 miles on a single charge and capacity for up to 120 passengers, depending on their configuration. The fleet is projected to reduce annual carbon dioxide emissions from 308 metric tons of greenhouse gases to zero, or the equivalent to saving over 34,000 gallons of gasoline or removing 66 conventional passenger vehicles from the road for an entire year, according to BYD.



    LAX's bus operations transported over 2.4 million passengers on more than 53,000 trips in 2017. The selection of BYD to supply the vehicles was a result of the need of the Los Angeles World Airports (LAWA), the airport's parent entity, to take advantage of the latest technological developments in clean transportation.



    The acquisition of the fleet was approved at a recent meeting of the Los Angeles Board of Airport Commissioners, as a move for LAX to comply with LA's "Sustainable City pLAn," an initiative by Mayor Eric Garcetti to reduce the city's greenhouse gas emissions to 45 percent below the 1990 baseline levels by 2025.



    "We are proud to provide LAX with 20 California-made electric transit buses, which will provide cleaner air and help create healthier communities," said Macy Neshati, Senior Vice President of BYD Heavy Industries.



    "With the introduction of these new electric buses, LAX will have the largest fleet of electric airfield buses at an airport in the United States, transporting us to a cleaner and quieter future for buses," said Michael Christensen, LAWA's Deputy Executive Director for Facilities Maintenance and Utilities Group, in the statement.



    "These buses are smart for both the environment and our bottom line, and we're excited to start rolling them out in the coming year," Christensen added.
    BYD is the world's largest electric vehicle manufacturer, as well as the largest electric bus maker in North America."

    BYD to provide LAX with US largest airfield fleet of all-electric buses - Chinadaily.com.cn
    Attached Images Attached Images

  20. #45
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    Quality of Chinese-built cars better than European ones, Volvo executive admits



    "Swedish car maker Volvo says its vehicles built in China might actually be superior in quality to those it makes in Europe.


    In an interview with Australia’s Go Auto, Volvo's senior vice-president of design, Robin Page, admitted that some were concerned about the automaker’s decision to build many of its vehicles in China.


    “What we’re finding is that the quality of the cars is actually better in China than in Europe. Everyone was worried about quality, but as soon as they [the Chinese – Ed.] started the quality was even higher than in Europe,” Page said."

    https://www.rt.com/business/426662-volvo-chinese-cars-quality/




    Another fairy tale bites the dust.
    Attached Images Attached Images

  21. #46
    Member
    harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    Today @ 08:36 PM
    Posts
    50,737
    Or of course he might simply be trying to allay potential purchasers' fears by stretching the truth.

    I had an XC60 for the drive from LHR to Cornwall and back.

    Can't say I was too displeased, handled those single lane country roads like a treat.

    RRP is GBP 40 grand though. Bit steep. I suppose making them in China widens the profit margin.

  22. #47
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    No trade offer from China on deficit: FM


    By Yang Sheng Source:Global Times Published: 2018/5/18

    "China made no concessions and proposal for a trade deficit reduction package for the US, Chinese foreign ministry spokesperson Lu Kang said on Friday, after some foreign media reported that China offered the US a huge deficit reduction package.

    The report is untrue, and consultations on the trade issues between the two countries in Washington are ongoing and "constructive," Lu said at a regular press conference on Friday in Beijing.

    The foreign media's report on China offering the US a $200 billion deficit reduction package by purchasing US goods and other measures is not true, according to a source familiar with the ongoing trade talks between China and the US in Washington.

    "The last round of trade talks in Beijing shows that China will not negotiate with the US under harsh preconditions," and when the results of the talks in Washington come out, those rumors about China making a compromise will be dispelled, the source said on Friday.

    "US officials familiar with the offer" told Reuters that China has offered US President Donald Trump a package of proposed purchases of US goods and other measures aimed at reducing the US trade deficit with China by some $200 billion a year. The alleged offer was made during the China-US trade talks in Washington, and is reportedly aimed at resolving tariff threats and other trade irritants between the world's two largest economies. But it was not immediately clear how the amount was determined."

    No trade offer from China on deficit: FM - Global Times


    China, Serbia vow enhanced cooperation through Belt and Road, 16+1


    Source:Xinhua Published: 2018/5/17 842

    "China and Serbia should step up pragmatic cooperation through the Belt and Road initiative and through the "16+1" cooperation mechanism between China and Central and Eastern European (CEE) countries, officials from both sides have agreed.

    Cao Jianming, vice-chairperson of the Standing Committee of China's National People's Congress, during his visit in Serbia on May 14-16, met with Speaker of National Assembly of Serbia Maja Gojkovic, Prime Minister of Serbia Ana Brnabic, and Serbia's Republic Public Prosecutor Zagorka Dolovac.

    During the meetings, Cao noted that recent years have seen a high-level development of China-Serbia ties, marked by frequent exchange of high-level visits, solid political mutual trust and fruitful achievements in various areas of cooperation between both countries.

    Cao expressed hope that the two sides, within the framework of Belt and Road Initiative and the China-CEE cooperation mechanism, would further align their development strategies, expand pragmatic cooperation and step up exchanges of both countries' legislative bodies, so as to further promote the comprehensive strategic partnership between the two countries.

    The Serbian side expressed willingness to actively participate in the Belt and Road construction and the "16+1" cooperation and to boost mutually beneficial cooperation in all fields. The Serbian parliament is also ready to deepen exchanges and cooperation with China's National People's Congress with an aim to promote bilateral ties."

    China, Serbia vow enhanced cooperation through Belt and Road, 16+1 - Global Times



    Belt and Road initiative enriches Spain-China cooperation

    Source:Xinhua Published: 2018/5/19 1155



    "After a day's work at the Chinese e-commerce giant Alibaba's, Guillermo Ruiz records a Spanish audio lesson for his 60,000 Chinese followers online. A few kilometers away at the airport of Madrid, Chinese tourist Liu Jie receives the tax refund of purchases through a Chinese mobile application.

    Nothing exceptional. The interconnection between the Spanish and Chinese societies has undoubtedly gone beyond what Diego de Pantoja could imagine four centuries ago -- the Spanish Jesuit had dedicated his life to exchanges between the two cultures through the Silk Road.

    Today, that ancient trade route is renewed with the Belt and Road Initiative, which strengthens ties between China and Spain in new areas.

    INCREASED COOPERATION

    Chinese State Councilor and Foreign Minister Wang Yi on May 16 started a 9-day trip for official visits to France, Spain, Portugal and Argentina.

    This year marks the 45th anniversary of the establishment of diplomatic relations between China and Spain as well as the 13th anniversary of their comprehensive strategic partnership.

    In the Spanish capital Madrid, Wang held talks with King Felipe VI of Spain, Prime Minister Mariano Rajoy and his Spanish counterpart Alfonso Dastis. They discussed issues such as strengthening cooperation within the framework of the Belt and Road Initiative proposed by China in 2013.

    Tian Delong, researcher of the Institute of European Studies of the Chinese Academy of Social Sciences, said the two countries have strengthened mutual political trust in recent years and promoted economic, trade and tourism cooperation, as well as cultural exchanges.

    "Spain has become an important investment destination for China in Europe," Tian added.

    China has become Spain's largest non-EU trading partner. Bilateral trade volume rose from 12 million U.S. dollars in 1973 to a record 30.9 billion dollars in 2017.

    Tian believed that Wang's visit to Spain will boost cooperation in more areas and through new modes.
    "

    Belt and Road initiative enriches Spain-China cooperation - Global Times

    China donates medical equipment to assist Namibia's eye surgeries

    Source:Xinhua Published: 2018/5/19 822

    "Namibia's health ministry on Friday received medical supplies worth 279,000 US dollars from the Chinese government to help with eye surgeries in the southern African country.

    The donation that took place on Friday in Windhoek is set to complement the Brightness Action program (or Brightness Journey) that aims to provide free cataract surgeries to 200 patients in Namibia's capital Windhoek and the rural area of Rundu.

    Namibia's deputy health minister Juliet Kavetuna at the handover ceremony said the donation was another milestone in enhancing China-Namibia relations.

    "The donation we received is most needed and it came at a very opportune tine. It is set to enhance our health capabilities and we will use the equipment accordingly and assist those communities in need," she said.

    At the ceremony, Chinese Ambassador to Namibia Zhang Yiming praised the program for enhancing the friendship between the two countries and for gaining precious experience for future China-Africa medical ties.

    The program featuring Chinese doctors and nurses providing free surgeries is expected to assist the cataract fight in Namibia, which has suffered from a shortage of eye specialists."

    China donates medical equipment to assist Namibia's eye surgeries - Global Times
    Attached Images Attached Images

  23. #48
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    It appears that the introduction of a Chinese Yuan oil futures contracts, WTI and Brent are the other two market benchmarks, is being adopted well.

    China Oil Futures "Thundering Into Action" After Trump Exits Iran Deal



    Published time: 14 May, 2018 11:14

    Washington’s renewed sanctions on Tehran supports China’s newly established oil futures, analysts say. The sanctions can make the yuan a more preferable currency than the dollar on the oil market.

    Since their launch in May, the interest in the renminbi-backed oil contracts has steadily surged. Traded daily volumes hit a record 250,000 lots last Wednesday, and the share of yuan contracts in global trading jumped to 12 percent compared to eight percent in March.

    The contract is thundering into action,” said Stephen Innes, head of trading for Asia/Pacific at futures brokerage OANDA in Singapore, as quoted by Reuters. “It makes sense for Iran to begin selling oil under contracts denominated in yuan rather than dollars.”

    China is the largest oil consumer in the world and also buys the most from Iran, a major OPEC producer. Beijing buys 25 percent of Iranian oil exports, which accounts for eight percent of its needs.

    “The sanctions... can potentially accelerate this process of establishing a 3rd (oil) benchmark,” said senior vice president for derivatives in Singapore at financial services firm INTL FCStone, Barry White.

    By using more yuan in the oil trade, Beijing both saves the costs of exchanging dollars and promotes the renminbi as a global currency, analysts say. Last week, Shanghai futures rose to a dollar-converted record high of around $75.40 per barrel, growing faster than rival benchmarks Brent and WTI.

    https://www.rt.com/business/426637-china-petroyuan-oil-trade-iran/



    More graphs from Zerohedge:





    https://www.zerohedge.com/news/2018-...xits-iran-deal

    Attached Images Attached Images
    Last edited by OhOh; 20-05-2018 at 01:32 AM.

  24. #49
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    Singapore receives 91 Chinese-made MRT trains

    "SINGAPORE - Singapore's Land Transport Authority (LTA) said on Friday that it had received the first batch of 91 Chinese-made trains for the city-state's new mass rapid transit (MRT) line that will enter into public service for the first stage in 2019.


    According to Straits Times, the trains, each with four cars, were made in China by a consortium formed by Chinese company CSR Qingdao Sifang Co. and Japanese firm Kawasaki Heavy Industries.


    The consortium won a contract worth 749 million Singapore dollars (about $558.6 million) in 2014 to supply the trains.


    The LTA said these fully-automated trains are the first in Singapore with five doors on the side of each car to facilitate smoother boarding and alighting of passengers. It said that the rest of the trains will be delivered progressively from now until 2022.


    The new 43-km MRT line to run with these trains is Thomson-East Coast Line, which will have 31 stations. It is to connect commuters living in Singapore's eastern region to the city center, and will be fully operational in 2024."



    Singapore receives 91 Chinese-made MRT trains - Chinadaily.com.cn
    Sunvision, AECOM team up on transit-oriented development


    "Sunvision Holdings Inc, a subsidiary of the Shanghai-based conglomerate Fosun International, signed an agreement with US infrastructure firm AECOM on Friday to establish a joint venture focusing on transit-oriented development (TOD) projects in the Chinese market.


    The joint venture will specialize in the general planning, design and development of metro stations and urban complexes, with Sunvision holding the majority 51 percent stake and AECOM holding the rest. The two companies are currently studying possible projects in Zhejiang, Shaanxi, Yunnan, Chongqing, Guangdong, Hunan and Macao.


    In urban planning, TOD maximizes the amount of residential, business and leisure space within walking distance of public transport. This increases public transport ridership and reduces the use of private cars.


    Sean Chiao, president of AECOM Asia-Pacific, said that China's high-speed long distance and metro rail investments significantly raise the demand for rail-oriented TOD projects. Wen Xiaodong, Fosun Global Partner, said that the joint venture will facilitate vertical cooperation between upstream and downstream industries.


    In September 2017, Fosun signed China's first public-private-partnership agreement for a high-speed rail project, the 269-kilometer Hangzhou-Shaoxing-Taizhou line in East China's Zhejiang province. The line is estimated to cost 44.9 billion yuan ($7 billion) and is scheduled for completion in 2021.


    As a Fortune 500 company, AECOM has delivered numerous pioneering TOD projects all over the world, including topside development in the reconstruction of the World Trade Center in New York, the Crossrail (Elizabeth Line) in London, and the West Kowloon Terminus of the Express Rail Link in Hong Kong. It was also selected by the US space exploration technology company (SpaceX) to develop Hyperloop high-speed rail test tracks."

    Sunvision, AECOM team up on transit-oriented development - Chinadaily.com.cn
    Attached Images Attached Images

  25. #50
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 08:35 PM
    Location
    Where troubles melt like lemon drops
    Posts
    14,131
    Bosch launches Anhui plant focusing on connectivity


    By Hao Yan | China Daily | Updated: 2018-05-28 10:3

    Representatives from Bosch Car Multimedia attend the launch ceremony of a new plant in Wuhu, Anhui province. [Photo provided to China Daily] "Bosch Gmbh, the global automotive technology and services supplier, opened a new plant on Wednesday under its Car Multimedia division in Anhui province, with a total investment exceeding 275 million yuan ($43 million).

    The Wuhu plant will mainly provide infotainment, instrument clusters and connectivity control units for the Chinese market, and about 900 employees will work in the 18,200-square-meter area, of which 160 will be committed to research and development this year, according to the company.

    "The remarkable growth of China's automotive market has nurtured Bosch's stable growth. Over the past 11 years, Bosch Car Multimedia division has achieved an average annual compound growth rate of 30 percent," said Theo Drijfhout, Asia Pacific president of the Car Multimedia division. "With this plant opening, Bosch Car Multimedia will actively expand the scale of production capacity to meet the rising needs of local customers for connected driving," he said.

    The establishment of the Wuhu plant has further enhanced the business presence of the Bosch Car Multimedia division in the local market. In the future, the newly opened Wuhu plant will serve as the central production base of Bosch Car Multimedia in China, while Suzhou will remain as the main location for sales and R&D.

    The Sino-German joint venture in Wuhu will continue to focus on clusters and connectivity control units. The whole network will be concentrated under one roof to jointly support Bosch's efforts in connected mobility and to meet the domestic market's diversified needs.

    Bosch is operating 38 production bases in 15 cities across the country, with a total of about 60,000 employees working in 62 companies. The company realized a historical sales revenue record of 113.4 billion yuan in China last year, representing a jump of nearly 24 percent year-on-year.

    Peter Tyroller, the Bosch board member responsible for Asia Pacific, said, "We will continue the investment into the local market, and speeding up in the internet of things field in China."

    Chen Yudong, president of Bosch (China) Investment, said, "Bosch is constantly stepping up investment in China. In the past decade, about 4 billion yuan's investment was added each year."


    Bosch Car Multimedia entered the Chinese market in 2005 with its first products - automobile radios - which the division started delivering to customers in 2006.

    Over the past decade, Bosch Car Multimedia has witnessed the upgrade of automotive consumption in China and has continuously expanded and upgraded its product portfolio to meet the needs of the local market and its customers.

    In the internet of things era, connectivity is rapidly crossing over into the automotive industry. In the future, Bosch will further develop new digital displays, voice assistance, haptic feedback using the sense of touch and other human machine interface technologies.
    Striving toward this goal, the new Wuhu plant will further enhance Bosch China's local competence in connected driving, helping to build a safe, convenient and stress-free experience for local customers.

    The future of mobility needs cutting-edge technologies and ecosystems, which requires collaboration among industry players. Bosch advocates an open and close collaboration with other companies in the industry. Bosch and Banma Technologies, a pioneering domestic provider of connected smart solutions for internet cars, joined forces in March to advance the hardware and software for vehicle infotainment and connected mobility."

    Bosch launches Anhui plant focusing on connectivity - Chinadaily.com.cn

Page 2 of 6 FirstFirst 123456 LastLast

Thread Information

Users Browsing this Thread

There are currently 2 users browsing this thread. (0 members and 2 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •