Looks like it's the Chinese turn to have an Empire.
Thank fuck I'm too old to have to worry about learning Chinese, but if I had kids in school now I'd be signing them up for it.
Looks like it's the Chinese turn to have an Empire.
Thank fuck I'm too old to have to worry about learning Chinese, but if I had kids in school now I'd be signing them up for it.
It's never too late...
Pax Sina
Chinastani
^ i was talking about China...dunno what you're on about
China's BYD to build 2nd monorail in Philippines
"BALANGA CITY, the Philippines - China's electric vehicle maker BYD inked a deal on Wednesday with the local government of Bataan province to build a monorail transit system in this northern Philippine city northwest of Manila.
Liu Xueliang, general manager of BYD Asia Pacific Auto Sales Division, told Xinhua that the monorail will be built in Balanga city as soon as a feasibility study is completed.
Balanga city, about 120 kilometers northwest of Manila, is the capital city of Bataan province in Luzon Island.
According to BYD, the first phase of the monorail, circling Balanga city, is seven kilometers.
A statement issued at the signing of the BYD-Bataan-Balnga Multi-layered Electrified Transportation said the project is expected to ease the traffic congestions and optimize the transportation conditions in the city.
"Committed to achieving lower carbon and sustainable development, both the BYD and the provincial government of Bataan are working closely to introduce the first batch of 10 units of BYD electric buses for operations before Dec 31 this year," Balanga City Mayor Francis Garcia said.
"With the cooperation with BYD, the city will build a public transport system that will optimize the transportation conditions both in the Balanga city and the rest of Bataan province," Garcia said.
He expressed hope that the monorail transport system will not only address the traffic congestion but also build a green and environmentally friendly public transport system.
The monorail in Balanga city is the second monorail that BYD will build in the Philippines.
In August last year, the Chinese auto company also signed a memorandum of understanding with Iloilo city in the central Philippines for building the country's first monorail.
Now BYD is proceeding to the feasibility study of the 20-km monorail in Iloilo city which deals with the project cost and financing, among others"
China's BYD to build 2nd monorail in Philippines - Chinadaily.com.cn
A tray full of GOLD is not worth a moment in time.
.. with
Chinese firms plan huge investments in Peru
By Zhong Nan | China Daily | Updated: 2018-06-05 08:58
Chinese companies are expected to invest up to $10 billion in Peru in sectors including energy and mines, telecommunications, construction and financing over the next three years, an official said.
Jia Guide, China's ambassador to Peru, said even though China is Peru's top trade partner and imports most of the minerals the South American country produces, Chinese companies are keen on investing in the country's other sectors.
His comments came during a signing ceremony with Peru's president last week, when Aluminum Corp of China started work on the $1.3 billion expansion of its Toromocho copper mine in central Peru.
The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually, contributing to the creation of more jobs, tax and welfare facilities, according to Beijing-headquartered Chinalco.
Chinalco, which has been operating in Peru for 10 years, hopes to triple its processing capacity to 157,000 metric tons a day, and to double its annual output of fine copper to 300,000 metric tons sooner or later.
Reuters reported last week that COSCO Shipping Holdings Co, the container shipping and terminal operation unit of China COSCO Shipping Corp, plans to build and operate a $2 billion port on Peru's Pacific coast, part of $10 billion upcoming Chinese investments in the country.
The proposed port is located in Chancay, a town 58 km north of the Peruvian capital Lima, and is owned by Peruvian miner Volcan Minera. Volcan said in its earnings statement in May that it was seeking a strategic partner for the Chancay project, according to the Reuters report.
Jia, the Chinese ambassador, also said that China Railway Engineering Corp plans to build a port in the southern town of Ilo, the capital of a copper-rich mining region.
Edgar Patino, director of Peru's National Port Authority, said he was unaware of any proposal by CREC to build a new port in Ilo and that a potential expansion at the current port would be awarded to a company through a public auction.
Patino said the Ilo port would be expanded if a proposed railway to transport goods from Brazil, Bolivia and other countries is built.
Dong Liwan, a shipbuilding professor at Shanghai Maritime University, said the fast goods and commodity exchange between China and markets related to the Belt and Road Initiative had also contributed growth momentum to COSCO Shipping Holdings' terminal business in South America.
"China's continued economic growth and the expanding middle-income earners will also make the country a profitable market for South American companies," he said.
Chinese firms plan huge investments in Peru - Chinadaily.com.cn
FAW-Volkswagen launches advanced new Qingdao plant
By Li Fusheng | China Daily | Updated: 2018-06-04 14:24
FAW-Volkswagen Automotive Co has inaugurated a new plant in Qingdao, East China's Shandong province, as one of the joint venture's latest efforts to charge ahead in the world's largest car market.
The plant, which was unveiled last Monday, employs 3,000 people and has an annual capacity of 300,000 vehicles, serving as the joint venture's production base in East China and its fourth nationwide. A fifth production base is expected to become operational later this year.
Construction of the Qingdao plant started in 2015. FAW-Volkswagen plans to invest 10 billion yuan ($1.56 billion) in the plant by the end of the decade. "The state-of-the-art plant features flexible production and is scheduled to produce five models, including Volkswagen's Next Generation Bora and two Audi models," said Juergen Unser, vice-president of FAW-Volkswagen. He said the plant is also designed to be capable of producing new energy cars, as the carmaker expects such cars to account for a larger percentage in the country's total car sales in coming years. Built in accordance with Volkswagen's latest standards, Unser said the facility is state-of-the-art in terms of manufacturing and environmental protection.
Its press workshop has the most advanced machinery available from both Schuler AG and China's Jier Machine-Tool Group Co.
The welding workshop features some 860 robots, making it the most automated plant in FAW-Volkswagen.
In its paint workshop, about 80 percent of its air can be reused, cutting its consumption by around 70 percent, and in the assembly workshop, more than 240 driverless carts have been employed to increase efficiency.
The plant is also known for its energy efficiency. It has been rated as a three-star environmentally friendly complex, and a solar power system within the plant has been generating electricity to cut the power bill by around 1 million yuan a year. He said the accomplishment, which is a result of concerted teamwork, has been hailed as a "Chinese miracle". "They (the colleagues) are so young, so professional and so energetic. They can be found only in China," Unser said.
The plant's first model, the Next Generation Bora, rolled o, the assembly line last Monday. Bora has been one of the bestselling models in its segment in China, with more than 2.3 million units sold in recent years. FAW-Volkswagen said the latest version, which is based on Volkswagen's MQB platform, is a brand new one designed to meet the demands of the young Chinese customers. Compared with its predecessor, it has more dynamic and sporty bodylines and its overall length has been extended by 101 mm, resulting in more legroom. The model also features more safety features and the latest engine technology, including a start-stop system and a brake energy recovery system.
In addition to offering more choices to customers, FAW-Volkswagen said the plant will also help to promote the development of the automotive industry in Qingdao.
Among other achievements, the plant has attracted dozens of automotive suppliers to the city, which has resulted in investments of 5 billion yuan and brought a large number of skilled technicians. FAW-Volkswagen said such a plant as well as its suppliers will give a boost to local economic development in the city and mark Qingdao's rise as one of the important car manufacturing bases in the country.
FAW-Volkswagen has three other new manufacturing facilities that will start operation this year; they are located in Changchun, Jilin province; Tianjin; and Foshan, Guangdong province. The carmaker said putting four plants into operation within a year is something unprecedented in its history and even in the automotive industry.
When all of them become operational, FAW-Volkswagen will offer 18 models in China, doubling the number of models it offered in 2012. It expects to offer 45 models in the country by around 2025.
FAW-Volkswagen launches advanced new Qingdao plant - Chinadaily.com.cn
Na, China hasn't dopped any nuclear bombs on civilians, yet.
The end is near for the Occidental deluded hordes, has been for quite some time.
Acceptance and recognition comes difficult for inferiors.
One suspects VW et al, have looked at the potential profit to be made, invested accordingly helping to ensure they grab the biggest % they can, whilst they have something to sell.
The fact that China will have more workers further up the technology ladder and Chinese citizens can feel content/smug even, that a German/Chinese company is supplying world class products, mostly made in China, financed by selling trinkets to ameristani billionaires, in Chinese terms, just adds extra icing to the taste of victory.
Ironically ameristan, would explode if the supply stopped.
Win/Win, more like win, win, win, win/suck this round eyes. Or something similar but less racist.
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