china Archive

chinaSuper-critical water nuclear reactor status update

The Gen IV international forum had an updated presentation on super-critical water nuclear reactors in 2017 by Laurence Leung. * Potential for cost reduction • Fuel cost is lower, but capital cost is higher, for nuclear than coal-fired power plants …

chinaChina will still push for more nuclear power to displace coal

China’s nuclear power is much cheaper (420 renminbi per 1000 kWh) than solar and wind renewables and is close to coal-fired power. China investment in nuclear plants is projected to increase by 24% in the next 12 years – …

batteriesAnnual Electric car sales will increase ten times by 2025

Bloomberg is forecasting sales of electric vehicles (EVs) increasing from 1.1 million worldwide in 2017, to 11 million in 2025 and then surging to 30 million in 2030 as they become cheaper to make than internal combustion engine (ICE) cars. …

chinaHong Kong-China high speed rail line opens in less than 3 months

In September, the Hong Kong to Guangzhou high-speed rail line will open and cut the travel time from 120 minutes to 48 minutes. The Express ticket will cost 260 hong kong dollars (US$33). The giant underground high-speed rail station in …

china$100 billion Softbank Vision Fund forcing Venture Capital to go bigger

The China New Era Technology Fund is raising 100 billion Chinese yuan ($15 billion) to invest globally in technology companies. The new company with the backing of the Chinese government will be similar to the $100 billion Softbank Vision fund. …

chinaChina’s fertility industry is booming and companies are starting to provide financial assistance for IVF

Millions of Chinese are using assisted reproductive (IVF and egg freezing). The market could potentially be worth around US$15 billion. For decades, couples in urban China were only allowed to have one child, but China is trying to boost its …

alibabaBaidu, Alibaba, Tencent and Beijing are everywhere in China’s huge internet ecosystem

The South China Morning Post in conjunction with a US venture capital firm have published the 2018 China Internet Report. * Whether it’s building, investing, or acquiring, Baidu, Alibaba, and Tencent are present across the internet ecosystem. * China Internet …

batteriesMany huge global battery projects to meet demand for millions of electric cars each year

BYD is increasing the size of new battery plant in Qinghai province. In 2019, it will produce 24 GWh. Globally BYD aims to churn out 28 GWh in 2018 and will double their output to 60 GWh in 2020. Korea’s …

chinaUS and Europe civilian nuclear incompetence puts building and maintaining military nukes and weapons at risk

Massive delays and cost overruns for the European EPR and American AP1000 nuclear projects show that U.S. and European firms have lost the people and knowledge to complete new nuclear construction and management. China started building AP1000 and EPR reactors …