china Archive

aseanTrade war and costs speeding shifts of production to ASEAN and USA

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Manufacturers are expanding to other regions in Asia because of rising mainland labor costs in recent years. This move is speeding up with the Trade War. Hong Kong and mainland companies are planning to hire more staff in cheaper regions …

chinaChina power consumption was up 8.8% year over year in August

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China’s power consumption increased 8.8 percent in August. Total power usage is on track to about 6800 bilion kWh for all of 2018. China’s total installed power generation capacity reached 1,746.42 gigawatts at the end of August. US installed power …

chinaOnline services giant Meituan Dianping and is now worth $51 billion

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China food delivery service Meituan Dianping had a $4.2 billion IPO. The company’s market cap reached about HK$400 billion (US$51 billion). Co-founder Wang Xing’s now has a net worth US$5.3 billion. Wang Xing’s vision for Meituan is to be an …

chinaLong March 9 will take 140 tons to low-earth orbit starting 2028

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China plans to launch the heavy-lift carrier rocket Long March-9 in 2028, said an official of China National Space Administration (CNSA) at the World Conference on Science Literacy 2018 on Tuesday. Li Guoping, director of the Department of System Engineering …

agricultureElectricity boosts crop yield by 30% while reducing pesticides and fertilizers

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China uses electricity instead of chemical pesticides and fertilizers to boost the growth of vegetables and fruits. Electricity boosted vegetable output by 20 to 30 percent. Pesticide use has decreased 70 to 100 percent. And fertilizer consumption has dropped more …

chinaUS Tariffs will hit China’s GDP but China is stimulating its economy

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UBS analyst expects the tariffs on $200 billion of Chinese exports to take 0.5 to 0.7% off of China’s GDP growth. China will use easing and infrastructure projects to add back 0.3 to 0.5% of GDP growth. Eugene Qian, chairman …

chinaChina today is foreign oil dependent like Germany in WW2

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The USA produced 70% of the oil in the world in WW2. 20% of the oil was produced by the Soviet Union. The British did not surrender and used its navy to blockade Germany’s oil imports. Germany imported 60% of …

asiaWorld population is now half middle class or richer

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There are 3.7 billion people in the global middle class ($11-110 per day in PPP). This is 48% of the world’s population. An additional 190 million (2.5%) are richer than global middle class. The world population is 7.65 billion. The …

chinaPool-type nuclear reactor design for heating chinese cities with lower cost than gas and comparable price to coal

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The preliminary design of the Yanlong deep swimming pool-type low-temperature reactor for district heating has been completed. Pool-type experimental reactors have had safe and stable operation for the past 50 years. “It can be constructed either inner land or on …

chinaWeChat identification will be part of larger digital China plan

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Tencent is working with the Chinese government to link travel documents with a WeChat app to facilitate border crossings between the three territories (Hong Kong, Macau and China) that still require special travel permits.