China Economy: News & Discussion

[airtel]

Huawei Removed From SD Association and Wi-Fi Alliance, Google Removes Its Phones From Android Enterprise Device List
Google has also removed the Nexus 6P which was made by Huawei.
By Tasneem Akolawala | Updated: 25 May 2019 12:22 IST
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Huawei has been ‘temporarily restricted’ from Wi-Fi Alliance

Highlights

• The US ban has forced standard organisations to remove Huawei
• Huawei rendered its suspension to JEDEC until the ban is removed
• This strips Huawei of any say in development of future technologies

Following the US ban, Huawei is now temporarily restricted or removed from several elite global-standard organisations that set the future trends in technology. The company is now no longer a member of the SD Association, a group that sets standardisation of SD and microSD cards. Furthermore, it is also no longer a part of the Wi-Fi Alliance group, and the JEDEC group as well. Google has also removed all Huawei devices, including the Nexus 6P, from its Android Enterprise Devices list.

Huawei has been removed from the SD Association as the effects of the US ban continue to grow. The organisation told Nikkia Asian Review, "The SD Association is complying with US Department of Commerce orders.” The organisation is known for making decisions on the development of SD cards and microSD cards used in smartphones. The move implies that Huawei will no longer be able use SD or microSD card slots on its upcoming laptops, smartphones, and tablets. On the smartphone front, the move isn't that much of a deal breaker, as the company appears to have predicted the move when it introduced its new Nano Memory Card standard alongside the Mate 20 series launch in October last year. Furthermore, the report states that Wi-Fi Alliance also "temporarily restricted" participation of Huawei in all decision making till the ban is removed. The organisation sets the standard for wireless technology, and includes big names like Qualcomm, Broadcom, Intel, and Apple.

Huawei proactively also suspended its participation from JEDEC – an organisation that set semiconductor standards. The company notified the organisation that it would suspend its participation until the ban has been removed. JEDEC includes bigwigs like Qualcomm, Samsung semiconductor, and more. Huawei executive Frank Yang was the vice-chairman at large of JEDEC.

“Huawei values its relationships with all partners and associations around the world and understands the difficult situation they are in. We are hopeful this situation will be resolved and are working to find the best solution," a company spokesperson said in a statement to Nikkei.

As mentioned earlier, Google has also updated its Android Enterprise Devices list to remove all Huawei phones and even the Nexus 6P that was made by Huawei. This list consists of all the recommended secure devices that companies can handover to their employees. Before the ban, Google had many Huawei phones listed on the recommended section and about two dozen on the Android Enterprise partner list. Huawei phones that have been removed include the Mate 10 series, the P20 series, and the Mate 20 series as well. Recently, Google removed the Mate X and the Huawei P30 Pro from Android.com as well.


https://gadgets.ndtv.com/mobiles/ne...ed-from-android-enterprise-device-lis-2042835

 

[amoy]

China unveils 600km/h maglev train prototype

(CNN) — A new floating bullet train capable of hitting speeds of 600 kilometers per hour (about 372 miles/hour) is one step closer to reality in China.

On Thursday, the body prototype for the country's latest high-speed magnetic-levitation (maglev) train project rolled off the assembly line in the eastern Chinese city of Qingdao.

While the maglev technology has been developed and touted as the future of train transportation for decades, there are only a handful of countries operating maglev trains around the world: China, South Korea and Japan.

 

[Haldiram]

Huawei Removed From SD Association and Wi-Fi Alliance, Google Removes Its Phones From Android Enterprise Device List
Google has also removed the Nexus 6P which was made by Huawei.
By Tasneem Akolawala | Updated: 25 May 2019 12:22 IST
Share on Facebook Tweet Share Email Reddit Comment

Huawei has been ‘temporarily restricted’ from Wi-Fi Alliance

Highlights

• The US ban has forced standard organisations to remove Huawei
• Huawei rendered its suspension to JEDEC until the ban is removed
• This strips Huawei of any say in development of future technologies

Following the US ban, Huawei is now temporarily restricted or removed from several elite global-standard organisations that set the future trends in technology. The company is now no longer a member of the SD Association, a group that sets standardisation of SD and microSD cards. Furthermore, it is also no longer a part of the Wi-Fi Alliance group, and the JEDEC group as well. Google has also removed all Huawei devices, including the Nexus 6P, from its Android Enterprise Devices list.

Huawei has been removed from the SD Association as the effects of the US ban continue to grow. The organisation told Nikkia Asian Review, "The SD Association is complying with US Department of Commerce orders.” The organisation is known for making decisions on the development of SD cards and microSD cards used in smartphones. The move implies that Huawei will no longer be able use SD or microSD card slots on its upcoming laptops, smartphones, and tablets. On the smartphone front, the move isn't that much of a deal breaker, as the company appears to have predicted the move when it introduced its new Nano Memory Card standard alongside the Mate 20 series launch in October last year. Furthermore, the report states that Wi-Fi Alliance also "temporarily restricted" participation of Huawei in all decision making till the ban is removed. The organisation sets the standard for wireless technology, and includes big names like Qualcomm, Broadcom, Intel, and Apple.

Huawei proactively also suspended its participation from JEDEC – an organisation that set semiconductor standards. The company notified the organisation that it would suspend its participation until the ban has been removed. JEDEC includes bigwigs like Qualcomm, Samsung semiconductor, and more. Huawei executive Frank Yang was the vice-chairman at large of JEDEC.

“Huawei values its relationships with all partners and associations around the world and understands the difficult situation they are in. We are hopeful this situation will be resolved and are working to find the best solution," a company spokesperson said in a statement to Nikkei.

As mentioned earlier, Google has also updated its Android Enterprise Devices list to remove all Huawei phones and even the Nexus 6P that was made by Huawei. This list consists of all the recommended secure devices that companies can handover to their employees. Before the ban, Google had many Huawei phones listed on the recommended section and about two dozen on the Android Enterprise partner list. Huawei phones that have been removed include the Mate 10 series, the P20 series, and the Mate 20 series as well. Recently, Google removed the Mate X and the Huawei P30 Pro from Android.com as well.


https://gadgets.ndtv.com/mobiles/ne...ed-from-android-enterprise-device-lis-2042835

Working on the directions of the US intel agencies and and still Google claims to be apolitical?

 

[Vijyes]

Working on the directions of the US intel agencies and and still Google claims to be apolitical?

Who claimed that Google is apolitical? Google has openly sworn allegiance to USA military:

 

[Armand2REP]

China unveils 600km/h maglev train prototype

(CNN) — A new floating bullet train capable of hitting speeds of 600 kilometers per hour (about 372 miles/hour) is one step closer to reality in China.

On Thursday, the body prototype for the country's latest high-speed magnetic-levitation (maglev) train project rolled off the assembly line in the eastern Chinese city of Qingdao.

While the maglev technology has been developed and touted as the future of train transportation for decades, there are only a handful of countries operating maglev trains around the world: China, South Korea and Japan.

With China Railway Corp being $1 trillion in debt don't you think it is time your government stop building unprofitable railways? It is not like you have one export of HSR to justify subsidising an industry wasting so much of taxpayer funds. The interest payments are 3X operating profits and getting worse every year taking new loans to pay interest on bad ones. With the vast majority of lines being unprofitable the railway bubble is a huge weakness. Not to mention it is cannibalising potential sales of indigenous regional airliners and profitability of domestic airlines.

 

[Vijyes]

With China Railway Corp being $1 trillion in debt don't you think it is time your government stop building unprofitable railways? It is not like you have one export of HSR to justify subsidising an industry wasting so much of taxpayer funds. The interest payments are 3X operating profits and getting worse every year taking new loans to pay interest on bad ones. With the vast majority of lines being unprofitable the railway bubble is a huge weakness. Not to mention it is cannibalising potential sales of indigenous regional airliners and profitability of domestic airlines.

When the money is internal, debt does not matter. It is just about accounting and nothing else. I don't see why you insist on being good accountants! Infrastructure development is for longer term well being over centuries. Airlines are not better than railways as railways can be run on indigenous fuel via electric trains but airlines require imported fuel

 

[nimo_cn]

Working on the directions of the US intel agencies and and still Google claims to be apolitical?

thank you for pointing out the obvious. several years ago when I was commenting on Google's pullout of China, I said that the "don't be evil" slogan is a joke. I am sick of Google's condescension and hypocrisy. Now it further proves that Google is no different than any other company.

 

[nimo_cn]

With China Railway Corp being $1 trillion in debt don't you think it is time your government stop building unprofitable railways? It is not like you have one export of HSR to justify subsidising an industry wasting so much of taxpayer funds. The interest payments are 3X operating profits and getting worse every year taking new loans to pay interest on bad ones. With the vast majority of lines being unprofitable the railway bubble is a huge weakness. Not to mention it is cannibalising potential sales of indigenous regional airliners and profitability of domestic airlines.

infrastructures like HSR are not built to make the railway department rich, but facilitate other sectors to save money and time, hence improve the efficiency of the whole society. Now Chinese HSR has been proved to be a good investment because it connects cities and expedites the flow of human resources and capital among them.

HSR and airliner have their respective advantages and disadvantages, they will coexist in country with vast territory. HSR loses its edge to airliner once the travelling distance is over 1500km, within that range HSR is the best choice for travelling.

One of the most successful HSR line so far is the one that connects Beijing and Shanghai, so successful that the authority is contemplating building a second line which takes a different route but connects the same two mega cities.

 

[Armand2REP]

When the money is internal, debt does not matter. It is just about accounting and nothing else. I don't see why you insist on being good accountants! Infrastructure development is for longer term well being over centuries. Airlines are not better than railways as railways can be run on indigenous fuel via electric trains but airlines require imported fuel

When China Railway Corp raises capital by issuing both international and domestic bonds with 5.24% interest rates it definitely matters. If they cannot turn a profit to pay off such high interest it will not only collapse the off-shore bond market but their own domestic bond market. With $13 trillion of outstanding bonds, the collapse of its biggest bond issuer would have devastating consequences to the internal stability of the country as over one hundred million investors partake in it.

 

[Armand2REP]

infrastructures like HSR are not built to make the railway department rich, but facilitate other sectors to save money and time, hence improve the efficiency of the whole society. Now Chinese HSR has been proved to be a good investment because it connects cities and expedites the flow of human resources and capital among them.

HSR and airliner have their respective advantages and disadvantages, they will coexist in country with vast territory. HSR loses its edge to airliner once the travelling distance is over 1500km, within that range HSR is the best choice for travelling.

One of the most successful HSR line so far is the one that connects Beijing and Shanghai, so successful that the authority is contemplating building a second line which takes a different route but connects the same two mega cities.

The sweet spot for HSR is between 300-500km to stay profitable. Any shorter and roads tend to be more competitive, any longer and air tends to be more competitive. Only the Beijing-Shanghai link is not losing money, all of the rest of them are in the red to deep red. As I stated previously, the extensive debt owed to bond holders by CRC paying high interest rates will really pressure the government to see what a government backed debt is really worth. Paying 5.24% on a trillion dollars annually is a lot of money.

 

[nimo_cn]

The sweet spot for HSR is between 300-500km to stay profitable. Any shorter and roads tend to be more competitive, any longer and air tends to be more competitive. Only the Beijing-Shanghai link is not losing money, all of the rest of them are in the red to deep red. As I stated previously, the extensive debt owed to bond holders by CRC paying high interest rates will really pressure the government to see what a government backed debt is really worth. Paying 5.24% on a trillion dollars annually is a lot of money.

Don't be sillly, the Beijing Shanghai line is not the only one that is profitable, lines that connect big cities in the coastal regions are gradually making money. As a whole, it is true that the CRC is losing money. but like i have said numerous times, the feasibility of building HSR is not decided by CRC's balance sheet. many of the merits of HSR simply won't be reflected in CRC's annual financial report and can't be measured by money, because the impact HSR has brought in is so vast that it needs be assessed in a bigger picture. to determine if HSR is a good deal just based on CRC's financial status is unwise and narrow minded.

 

[Haldiram]

thank you for pointing out the obvious. several years ago when I was commenting on Google's pullout of China, I said that the "don't be evil" slogan is a joke. I am sick of Google's condescension and hypocrisy. Now it further proves that Google is no different than any other company.

It's not like we enjoy being spied on by Chinese companies more than American companies, but we appreciate being given the choice to pick which agency gets to spy on us. I alternately use American and Chinese products so both agencies get access to my dick pics.

The sad part in this is that in the last 10 years India could have developed its own mobile industry and benefited from the rise in local demand, but we lagged there. iBall, Micromax, Videocon were all duds who didn't go beyond importing spares from China and white-labeling them.

So we sit on the sidelines and watch the US - China tech war.

 

[jon88]

Who claimed that Google is apolitical? Google has openly sworn allegiance to USA military:

Google just commited itself as a branch of US military

 

[shankyz]

China bans Google - No Problem

China bans Facebook - No Problem

China bans Twitter - No Problem

China bans Wikipedia - No Problem

China bans Dropbox - No Problem

China bans Whatsapp - No Problem

China bans Netflix - No Problem

USA bans Huawei - Everyone loses their Shit

https://en.m.wikipedia.org/wiki/Websites_blocked_in_mainland_China

Sent from my ONEPLUS A5000 using Tapatalk

 

[amoy]

I'm glad that tax money is "wasted" at least in infra. @Armand2REP u know most of metros r losing money worldwide too, except probably Hong Kong Metro, which churns some profit out through property development. Now China is boosting metro construction everywhere. Such spendings would certainly create demands for many upstream industries which would have been in oversupply otherwise.

Do take into account efficiency and productivity all trades and people r gaining from these speedy infras.

I traveled by train in India many times. Theirs runs mostly below 50kmph except Shabadhi, needless to mention interior facilities. That's totally a parallel universe in terms of tempo & quality. Tax money would have drained off elsewhere anyway had it not been poured into infra.

As for aviation of your concern Chinese won't give a damn if Airbus or Boeing runs short of orders.

 

[jon88]

Google is american company naturaly it will work for america . why your ass is burning

Hmm... and why would my Malaysian ass be burning?

 

[Armand2REP]

@amoy Most metros haven't accrued $1 trillion in debt either. 80% of it is attributed to HSR. The problem is that CRC expected to move more people faster which would make the HSR pay for itself in theory. The reality is that it is vastly underutilised. For long trips people would rather fly and for short trips would rather drive. It is only those 300-500km hops to tier 1 cities that make financial sense. When the government is subsidising tickets by 50% and the people are still not using it enough is why we see CRC debt climbing to new heights.

Indian trains do not have an underutilisation problem, Indian trains are overcapacity if anything else. The government subsidises the ticket by 43% but because they have so many passengers and the cost per km to maintain traditional railways is much cheaper, they only run a $4 billion annual deficit. CRC is running a $70 billion deficit. If CRC had not gone on an HSR building binge they would only have $200b of debt which would be easily manageable for a country the size of China. To be sitting on a $1 trillion debt growing at $70 billion per year is unmanageable for any country, including China.

When your airliners are only certified to fly in China and Africa the only market you have to sell airliners is the domestic one. I knew ARJ21 and C919 would never compete outside of China but I did fully expect them to dominate the domestic market which is huge by itself. Your HSR is not cannabalising Airbus or Boeing orders which are for international flights, they are cannabalising your domestic and regional flights which ARJ21 and C919 were designed for.

OBOR was a $1 trillion initiative created to export Chinese HSR trains as one of the primary goals. Not a single export order has been placed for them. With the CRC heavily exposed to the domestic and international bond markets, there is nothing the government can do except flushing money down the toilet. If they renege on the bonds it will send the entire bond market crashing as government guarantees won't mean anything. As a Chinese investor I think you know well what will happen if a government backed bond is not paid. It is the basis for which all Chinese invest their money believing that the government won't allow it to fail.

 

[Armand2REP]

Oracle To Lay Off 1,600 Staff In China
The mass sacking triggered protests and concerns over U.S.-China tech tensions

U.S. computer technology giant Oracle is shuttering its entire Research and Development Center in China (CDC). More than 900 employees have been laid off, and the second round of job cuts is expected to happen in July.

According to several Chinese media reports, the layoff notice was made in an all-hands meeting on Tuesday. In the meeting, the company’s head of human resources for the Asia-Pacific region announced that per orders from the U.S. headquarters, Oracle was planning to make some major changes to optimize its business structure, which would inevitably result in huge multi-phase staff reductions globally. Following the brief statement were private layoff conversations inside the Beijing branch of the center, where about 500 employees were informed of their loss of jobs.


Sony shuts China smartphone plant

Production will shift to Thailand as Sony seeks profitability

Sony is to shut down its smartphone factory in China as it seeks to cut the losses of its mobile division.

According to Reuters, the Japanese electronics giant will shift production from Beijing to its plant in Thailand later this month.

The Thai facility will become Sony’s sole smartphone manufacturing facility, but the company will continue to outsource some production to contractors.

Samsung closes Chinese smartphone factory as sales slow

Samsung is to close its largest factory in China due to slowing smartphones sales and rising manufacturing costs.

The company has two mobile phone factories in the country – the other is in Huizhou, Guangdong – but has decided to streamline its operations by focusing on a single facility for the local market.

The South China Morning Post says Samsung confirmed the closure of the plant in Tianjin at the end of the year after workers posted the news on social media. As of last month, 2,600 people were employed there.

Wave of layoffs washes over China's tech giants
Mass demotion at Tencent follows job cuts at JD.com and NetEase


Many Chinese tech companies have been reducing staff since late last year. Used car sales platform Renrenche let go of staff throughout the country at the end of 2018, which has led to legal action by those laid off. Since February, reports have emerged that major players such as online game provider NetEase and JD.com, the country's second-largest e-commerce platform, have also been cutting staff.

There have been fewer job openings, too. The number of jobs listed on online platform Zhaopin dropped 20% on the year in the October-December period. While this is not as dramatic as the 51% plunge in July-September, it still represents the third straight quarter of declines.

"Recruiters used to contact me all the time," said one developer at an online game company in Guangzhou. "But the game industry has been in a rut since last year, and now I rarely get invitations for new jobs."

 

[airtel]

It was a Good opportunity for India ......... but it seems most of the american / Japanese/ Korean companies are moving to Vietnam and Thailand Instead of India .

 

[amoy]

I think @Armand2REP need to come up with sound data to back your claim of vast under_utilization. Routes running in more populated and developed areas naturally performs better than others.

Are performing routes subsidizing those less utilized? Then overall speaking CRC biz model is self sustainable? I expect u to do the drill-down rather than making up a number like 50% ticket subsidy by govmt or an imaginary debt crisis. By the way CRC hasn't issued bonds internationally , to my knowledge. Some of its subsidiaries are listed in China's security bourse. Hold your horse in your wild imagination of bond market crashing.

Again perception of "long" or "short” trips is changeable. For ease of your comprehension F point → Shanghai HSR for instance has been reduced to 4.5hrs or so over the 1200km course. And F →Hongkong is 5.5hrs. Therefore passengers deem them as medium trips now and opt for HSR instead of 1~2hr flights , for better travel experience with cost+ time+ comfort + safety factored in. Visibly such lines are in good utilzation rate. I do encourage u to walk out of your lab and do some live tests.

Resilient airlines will continue to thrive as long as they're able to adapt to the new environment by fine-tuning their routes, frequencies，pricing strategy and so on. People would still fly if it goes beyond 7hrs (me at least).

Exporting China HSR to OBOR. Hmm they can't afford it to be honest. There has been hoopla for years that India would import Japan Shinkansen but now check where they end up?? Money, vision, determination, execution, they lack any of them.

I put Indian Railway (assumably also a state run one) in contrast in order to enlighten u how good infra could have impacted a country's competitiveness as an enabler for efficiency and productivity. If u have tried Indian Railway do remember to share with us on its speed, hygiene, management, service quality etc..