China Economy: News & Discussion

rockdog

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yoiu are too naive, since you are a patriotic and jingoistic chinese.

your geopolitical view is too basic, you think it is China versus USA and EU is no power and same is Russia or India and this is the Chinese century, well that is common chinese nationalism.


Reality is it is global world government versus the last remaining regional powers.

BRICS is a part of the world government lead by the genious of Putin, however the world government is going after him, while China dreams it will lead BRICS, China forgets the world government and the world army NATO, know BRICS has in China its best ally why? because China is not friend of Russia, nor of India.

Trying to impose the yuan versus the dollar is just a pipe dream of Beigjing.


The world government saddly will win.
World army? world government?

Which episode of star wars u just watched?
 

rockdog

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Asia Games from tonite, the Indian gal is beautiful in the video.
 

MiG-29SMT

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World army? world government?

Which episode of star wars u just watched?
like I said you are not an expert in geopolitics nor can understand facts, saddly you read too much propaganda by the CCP.

The world government is a fact, any one who knows about agenda 2030, knows about NATO number of members, the expansion of EU, Mercosur, ASEAN knows it I suggest you read more otherwise is just talk to a chinese troll who pumps pro chinese propaganda.


Putin one of the last geniuos politicians of the XX century understands the world goverment has set eyes on Russia and looked for China and Indian help to cover for the lose of the Comecon and break up of the Soviet union and warsaw pact.

BRICS is a political entity to fend off the world bank, the Dollar supremacy and the military projection of NATO power, however you still are a peasant in world view, still living in your chinese bubble, the world government already is in motion and the last remaining regions to still being relatively free are China, Russia and India, the sanctions show the world goverment power and the Fact Putin has an arrest warrant shows its power.

But continue dreaming this is the Chinese century, this is the century of the world government
 
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rockdog

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Brunei's Gallop Air places $2 bln order for China-made C919, ARJ21 jets

Comac Sells 30 Airliners To China-Backed Startup In Brunei
 

SexyChineseLady

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Brunei's Gallop Air places $2 bln order for China-made C919, ARJ21 jets

Comac Sells 30 Airliners To China-Backed Startup In Brunei
A new economic driver for China.

Not just new energy industries like EVs but China is also entering legacy industries like airliners and VLGC traditionally dominated by foreign firms:

IMG_5984.jpeg

IMG_5983.png
 

rockdog

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like I said you are not an expert in geopolitics nor can understand facts, saddly you read too much propaganda by the CCP.

The world government is a fact, any one who knows about agenda 2030, knows about NATO number of members, the expansion of EU, Mercosur, ASEAN knows it I suggest you read more otherwise is just talk to a chinese troll who pumps pro chinese propaganda.


Putin one of the last geniuos politicians of the XX century understands the world goverment has set eyes on Russia and looked for China and Indian help to cover for the lose of the Comecon and break up of the Soviet union and warsaw pact.

BRICS is a political entity to fend off the world bank, the Dollar supremacy and the military projection of NATO power, however you still are a peasant in world view, still living in your chinese bubble, the world government already is in motion and the last remaining regions to still being relatively free are China, Russia and India, the sanctions show the world goverment power and the Fact Putin has an arrest warrant shows its power.

But continue dreaming this is the Chinese century, this is the century of the world government
1. There is no entity called world government, only a half functional entitty cadlled UN, and China, Russia are two of big 5, and they have veto. U r still on sci fi movies?


2. There is no army called world army. NATO couldn't even deal with the war in Europe.


U r still on sci fi movies?


3. Everybody would talk about geopolitics, predict future, like you did, since it's easy and cheap to talk.

I feel very hard to debate with you on specific areas, like AI, IT, Chip, AI, EV even the Fighters, everytime i talked with you, you broguht some "big picutures" suddently, in J20 thread you even raised a topic about N-bomb, what the hell was relavent to the topic?

Did u code any programe recently? Did you try how Python work in IA world? Did you try to view the codes of Linux Kernel, and found how many codes contributed by Chinese companies and Indian freelancers? Did you ever drive an EV with auto navigtion powered by Lidar? Did you manage any international team between Chinese-Indian like me recent 5 yrs? Did you ever try to assembly a desktop PC, by comparing specifications between US or China made RAM, SSD, GPU?

You are not in any of current industry, you are even not hired, right? Talking about big picuture? Even my 13 yrs son can say world peace, global warming, make world a better place ...
 
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MiG-29SMT

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1. There is no entity called world government, only a half functional entitty cadlled UN, and China, Russia are two of big 5, and they have veto. U r still on sci fi movies?


2. There is no army called world army. NATO couldn't even deal with the war in Europe.


U r still on sci fi movies?


3. Everybody would talk about geopolitics, predict future, like you did, since it's easy and cheap to talk.

I feel very hard to debate with you on specific areas, like AI, IT, Chip, AI, EV even the Fighters, everytime i talked with you, you broguht some "big picutures" suddently, in J20 thread you even raised a topic about N-bomb, what the hell was relavent to the topic?

Did u code any programe recently? Did you try how Python work in IA world? Did you try to view the codes of Linux Kernel, and found how many codes contributed by Chinese companies and Indian freelancers? Did you ever drive an EV with auto navigtion powered by Lidar? Did you manage any international team between Chinese-Indian like me recent 5 yrs? Did you ever try to assembly a desktop PC, by comparing specifications between US or China made RAM, SSD, GPU?

You are not in any of current industry, you are even not hired, right? Talking about big picuture? Even my 13 yrs son can say world peace, global warming, make world a better place ...
Like I said you have no understanding talking to you is talking to a mouth piecce of the CCP, a fool who thinks it is China versus the USA, a fool who thinks it is the Chinese century, that your country will be the super power and you live in the USA , but you have no understanding, because you are programmed to think this is the Chinese century.

But arguing with a foolk makes think the fool he is smart.

So you believe it or not the world government is real, it will engulf the world earth, it will subdue all nations included China and Russia, and the world army exists, but it is better leave you here like i said you will not understand you are programmed by the CCP and you think you are smart, peoiple with intelligence knows the world government is real
 
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ym888

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Aussie researchers warn Chinese ‘overwhelmingly’ ahead in sensor research
Of 10 advanced sensor tech areas, China leads in seven and the US in three, according to the Australian Strategic Policy Institute.

By COLIN CLARKon September 22, 2023 at 8:55 AM
221116_hyperspectral_image_ESA

Hyperspectral satellite imagery can provide detailed information about the composition of ground objects. (European Space Agency)
SYDNEY — “China’s research in several advanced sensor technologies vital to military navigation and targeting is overwhelmingly ahead of the three AUKUS partners, the United States, United Kingdom and Australia,” according to a new report by the Australian Strategic Policy Institute.
It gets worse, if you’re a country competing with China: “Even if the three team up with like-minded Indo-Pacific countries Japan and South Korea, they do not match the Chinese output in high-impact research.”
The conclusion is the latest from ASPI’s Critical Technology Tracker, created to look at the impact of top research around the world. This newest addition focuses on advanced sensors, including 10 technology areas, with China leading in: inertial navigation systems, magnetic field sensors, multispectral and hyperspectral imaging sensors, photonic sensors, radar, satellite position and navigation, and sonar and acoustic sensors. There are three areas where the US leads: quantum sensors, atomic clocks and gravitational sensors (just).

Across the broad range of 64 more specific technologies measured so far, China is dominant, “leading in 53 technologies against 11 for the US,” say Jenny Wong-Leung, a data scientist at ASPI and an honorary associate professor in the Research School of Physics at the Australian National University, and co-author Dannielle Pilgrim, a researcher at the Canberra-based thinktank.
Their report comes days after the Institute of Scientific and Technical Information of China reported data finding that China ranked first in the number of papers published in the most influential journals, according to Chinese statistics released on Wednesday. China passed the United States in 2018 for the sheer number of scientific publications.
As for sensor technology, the top universities focused on these technologies are the Chinese Academy of Sciences (CAS) and Wuhan University, which lead in papers on seven of the 10 sensor tech areas, the ASPI study says. CAS is, they say, “the world’s largest research organization, with over 100 institutes and three universities under its umbrella.” Wuhan is “the top institution in inertial navigation systems, satellite positioning and navigation and multispectral and hyperspectral imaging,” Wong-Leung and Pilgrim assert. As an example of Wuhan’s advanced work, they point to a recent experiment where an AI controlled a satellite in space.
However, the ASPI experts note that China’s research, while formidable, does not yet translate into market share. But that is likely to change as a result of the technology being developed. North America has roughly 41 percent of the $200 billion remote sensor market today. But China, they write, boasts a “huge share of papers in the top 10% of highly cited publications, especially in inertial navigation systems (44%), photonic sensors (43.7%), multispectral and hyperspectral imaging sensors (48.9%) and sonar sensors (49.4%).”

They published a useful chart illustrating their results.

The scales are so unbalanced, that even adding Australia, the UK and the US — the three AUKUS partners — China’s competitors “still lag badly in six out of the seven technologies in which China leads, and they are barely neck-and-neck in the seventh, magnetic field sensors,” the authors write.
Pulling in Japan and South Korea to AUKUS, they “still wouldn’t catch up.” Even adding the Continent to the mix they would just “creep ahead in radar and satellite positioning and navigation, but would still trail behind China in the other fields.”
As the authors note, these are not abstruse technologies with strictly military applications. “Each of these technologies is vital to our economies, our militaries, and our everyday lives. Global positioning systems (GPS), for example, are used by billions of people every day and are indispensable for defence forces for everything from situational awareness to guiding munitions. But their accuracy depends on precise timing using signals from atomic clocks on the ground and several GPS satellites in orbit.”
Inertial navigation systems “can become important if GPS networks are hit by jamming and spoofing attacks.”
The other technologies have a wide array of civilian applications from using magnetic and gravitational field sensors that help map the upper layers of the earth to photonic sensors that can measure blood levels. And China is surging ahead in much of the research aimed to develop new and better sensors and ways to use them.
The report came out a day after a top CIA tech official, Jennifer Ewbank, spoke about the technology race between China and the US in another field of intense interest: artificial intelligence. The deputy director for digital innovation at the intelligence agency acknowledged that China has access to far more data than the US, which gives Beijing an advantage in developing and training AI, but, she said, the US and its partners have the advantage when it comes to creativity and ability to innovate.
“I will take that innovation, ingenuity, partnerships, and creative thinking any day of the week over mass,” she said at the Potomac Officers Club Intel Summit.
 

Azaad

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Aussie researchers warn Chinese ‘overwhelmingly’ ahead in sensor research
Of 10 advanced sensor tech areas, China leads in seven and the US in three, according to the Australian Strategic Policy Institute.

By COLIN CLARKon September 22, 2023 at 8:55 AM
221116_hyperspectral_image_ESA

Hyperspectral satellite imagery can provide detailed information about the composition of ground objects. (European Space Agency)
SYDNEY — “China’s research in several advanced sensor technologies vital to military navigation and targeting is overwhelmingly ahead of the three AUKUS partners, the United States, United Kingdom and Australia,” according to a new report by the Australian Strategic Policy Institute.
It gets worse, if you’re a country competing with China: “Even if the three team up with like-minded Indo-Pacific countries Japan and South Korea, they do not match the Chinese output in high-impact research.”
The conclusion is the latest from ASPI’s Critical Technology Tracker, created to look at the impact of top research around the world. This newest addition focuses on advanced sensors, including 10 technology areas, with China leading in: inertial navigation systems, magnetic field sensors, multispectral and hyperspectral imaging sensors, photonic sensors, radar, satellite position and navigation, and sonar and acoustic sensors. There are three areas where the US leads: quantum sensors, atomic clocks and gravitational sensors (just).

Across the broad range of 64 more specific technologies measured so far, China is dominant, “leading in 53 technologies against 11 for the US,” say Jenny Wong-Leung, a data scientist at ASPI and an honorary associate professor in the Research School of Physics at the Australian National University, and co-author Dannielle Pilgrim, a researcher at the Canberra-based thinktank.
Their report comes days after the Institute of Scientific and Technical Information of China reported data finding that China ranked first in the number of papers published in the most influential journals, according to Chinese statistics released on Wednesday. China passed the United States in 2018 for the sheer number of scientific publications.
As for sensor technology, the top universities focused on these technologies are the Chinese Academy of Sciences (CAS) and Wuhan University, which lead in papers on seven of the 10 sensor tech areas, the ASPI study says. CAS is, they say, “the world’s largest research organization, with over 100 institutes and three universities under its umbrella.” Wuhan is “the top institution in inertial navigation systems, satellite positioning and navigation and multispectral and hyperspectral imaging,” Wong-Leung and Pilgrim assert. As an example of Wuhan’s advanced work, they point to a recent experiment where an AI controlled a satellite in space.
However, the ASPI experts note that China’s research, while formidable, does not yet translate into market share. But that is likely to change as a result of the technology being developed. North America has roughly 41 percent of the $200 billion remote sensor market today. But China, they write, boasts a “huge share of papers in the top 10% of highly cited publications, especially in inertial navigation systems (44%), photonic sensors (43.7%), multispectral and hyperspectral imaging sensors (48.9%) and sonar sensors (49.4%).”

They published a useful chart illustrating their results.

The scales are so unbalanced, that even adding Australia, the UK and the US — the three AUKUS partners — China’s competitors “still lag badly in six out of the seven technologies in which China leads, and they are barely neck-and-neck in the seventh, magnetic field sensors,” the authors write.
Pulling in Japan and South Korea to AUKUS, they “still wouldn’t catch up.” Even adding the Continent to the mix they would just “creep ahead in radar and satellite positioning and navigation, but would still trail behind China in the other fields.”
As the authors note, these are not abstruse technologies with strictly military applications. “Each of these technologies is vital to our economies, our militaries, and our everyday lives. Global positioning systems (GPS), for example, are used by billions of people every day and are indispensable for defence forces for everything from situational awareness to guiding munitions. But their accuracy depends on precise timing using signals from atomic clocks on the ground and several GPS satellites in orbit.”
Inertial navigation systems “can become important if GPS networks are hit by jamming and spoofing attacks.”
The other technologies have a wide array of civilian applications from using magnetic and gravitational field sensors that help map the upper layers of the earth to photonic sensors that can measure blood levels. And China is surging ahead in much of the research aimed to develop new and better sensors and ways to use them.
The report came out a day after a top CIA tech official, Jennifer Ewbank, spoke about the technology race between China and the US in another field of intense interest: artificial intelligence. The deputy director for digital innovation at the intelligence agency acknowledged that China has access to far more data than the US, which gives Beijing an advantage in developing and training AI, but, she said, the US and its partners have the advantage when it comes to creativity and ability to innovate.
“I will take that innovation, ingenuity, partnerships, and creative thinking any day of the week over mass,” she said at the Potomac Officers Club Intel Summit.
So all these "hi tech " developments are on the basis of papers submitted ? Reminds me of an old Chinese expression - Paper Tiger .

download (2).jpeg


Moreover ASPI seems to have been successfully infiltrated by the MSS. Congratulations . We shouldn't be surprised if another Xu Yanjun is caught & prosecuted years from now .

This also informs us of the MO of the CCP . It seems the central committee & provincial governments have decided that every University ought to contribute x number of "scientific papers" per annum failing which it's the re education camp for the director / principal of the institute , the faculty & possibly the students.

Moreover please read up more for the conversion rates of scientific papers into technically sound applications leave aside the commercial viability of it. It's less than < 1%.

Finally please go thru the rankings in the aerospace sector which includes hypersonics in the same ASPI list . It has China in first place followed by India & Iran based on , you said it , the number of papers submitted where China's just begun to churn out multiple derivatives of the Al-31 TF , India & Iran have yet to master TF & China's the only one to successfully conduct a hypersonic glide vehicle demonstration.

No clue how successful it was whereas India's still in the process of mastering the technology . I've no clue where Iran is with respect to hypersonics .
 

MiG-29SMT

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After 40 years of explosive growth, China’s economy is now in deep distress — with no turnaround in sight. Here's everything you need to know:

What’s going wrong in China?
The country’s economy has hit a wall, ending the longest-running boom in history. Since the ruling Communist Party embraced Western-style trade, investment, and market forces in the late 1970s, China has doubled the size of its economy every decade. Some 800 million Chinese have been lifted out of poverty, and the once largely rural nation has been transformed into a manufacturing colossus and America’s only superpower competitor. But China’s economy is now decelerating sharply, with gross domestic product growing at 3% last year — dropping from 7.4% a decade earlier. Exports are sagging, consumer spending is down, private investment has dropped by a quarter since 2020, and fears of a deflationary spiral are rising. China’s debt is now nearly four times bigger than its GDP, and a burst housing bubble has left up to 80 million apartments unoccupied, threatening the savings of millions of Chinese who invested in the real estate market. “We’re witnessing a gearshift in what has been the most dramatic trajectory in economic history,” said Columbia University economic historian Adam Tooze. Young people have been hit especially hard by the slowdown.

How are young Chinese affected?
As companies have cut back on hiring, the urban unemployment rate for 16 to 24 year-olds has doubled over the past four years to a record 21.3%. Meanwhile, a record 11.6 million students graduated from college this summer into an economy that’s desperately short of high-paying, white-collar jobs. President Xi Jinping has said youth must learn to “eat bitterness” — a Chinese expression that means suck it up and lower your expectations. It’s a devastating blow for a generation raised to believe that hard work would yield success, and media stories abound about disillusioned youth who are “lying flat,” or opting out of the rat race. “They said our future would be bright and beautiful,” Yin, a 24-year-old medical student, told BBC. “But our dreams have been shattered.”

What’s driving the downturn?
It’s partly a consequence of Xi’s three-year “zero Covid” policy, which was abandoned in January. Months long lockdowns in Shanghai and other cities strangled production, led to mass layoffs, and spooked foreign buyers who relied on Chinese manufacturers to feed supply lines. But many of the country’s woes predated the pandemic. China for decades rode a wave of growth created by putting the rural poor to work in urban factories. But it failed to build a strong consumer economy, which could have picked up the slack when exports slowed and factories started moving abroad to poorer countries. Local governments also goosed the economy by constructing skyscrapers, highways, highspeed rail lines, bridges, and airports, but “they are running into diminishing. returns in building stuff,” said Harvard economist Kenneth Rogoff. Overbuilding has left parts of China saddled with unpopulated “ghost cities,” underused infrastructure — Guizhou, one of the nation’s poorest provinces, has more than 1,700 bridges and 11 airports — and piles of debt.

What is Beijing doing?
Not enough, say economists. Some argue that Beijing should strengthen the country’s weak safety net and embark on a stimulus program to shore up consumer spending and create jobs. But growing debt is an obstacle, as is Xi’s aversion to “welfarism” that he says breeds “laziness.” Beijing has invested heavily in the superconductor and electric-vehicle industries, and the latter is a notable bright spot; UBS analysts expect China’s share of the global auto market to roughly double to 33% by the end of the decade. But those sectors can’t lift the entire economy. Analysts say that in the face of economic woes Xi’s government has two choices: to expand economic opportunity or to ratchet up repression. They say it’s taken the latter path, which stands to worsen China’s plight by further stifling innovation and growth.

Are Xi’s policies harming the economy?
The president’s increasing authoritarianism appears to be deterring foreign investors, who spent $20 billion in China in the first quarter of 2023 — down from $100 billion in the same period last year. Many Western companies are worried about getting caught in the growing superpower showdown between the U.S. and China: Beijing banned semiconductors from U.S. chip firm Micron earlier this year and in April sent police to the office of U.S. consulting giant Bain & Co. At the same time, Xi has been waging a regulatory crackdown on Chinese Big Tech firms that might challenge his power. Reports from China now suggest a broad lack of con- fidence among citizens that their government can lead the way forward. “The most terrifying thing is that everyone around me is at a loss of what to do next,” said Richard Li, owner of a struggling auto-parts business. Such despair creates risks that go beyond China’s economy.

What kind of risks?
Masses of disaffected, unemployed young people pose a threat to an authoritarian regime, and Xi well knows it. Many experts fear that China’s growing woes could prompt more repression at home — and more aggression abroad. Efforts to change the subject could extend to invading Taiwan; in March, Xi called reunification with the island “the essence of national rejuvenation.” President Biden last month called China’s economic stumbles “a ticking time bomb” that should concern the U.S. “When bad folks have problems,” he said, “they do bad things.”

China’s shrinking population
On top of its immediate economic woes, Beijing is contending with a slower-burning demographic crisis that will have major implications for future growth. China this year recorded its first population drop since 1961; the U.N. estimates the country’s population will sink from 1.4 billion today to less than 800 million by 2100. That fall is largely a result of the one-child policy introduced by the Communist Party in the late 1970s to regulate population growth. Fears of a looming demographic collapse led authorities to relax that policy in 2016 and to offer cash incentives to new parents. But high housing costs and long working hours still discourage many young Chinese from having children. The fertility rate now stands at 1.09 births per woman, below the 2.1 needed to hold the population steady. China’s population is graying as well as shrinking, with the number of people age 60 and older expected to double to 500 million by 2050 — which could strain health and pension systems. Many Western nations are dealing with similar population problems. But China, said demographer Yi Fuxian, is unique in that it “has become older before it has become rich.

 

RoaringTigerHiddenDragon

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Aussie researchers warn Chinese ‘overwhelmingly’ ahead in sensor research
Of 10 advanced sensor tech areas, China leads in seven and the US in three, according to the Australian Strategic Policy Institute.

By COLIN CLARKon September 22, 2023 at 8:55 AM
221116_hyperspectral_image_ESA

Hyperspectral satellite imagery can provide detailed information about the composition of ground objects. (European Space Agency)
SYDNEY — “China’s research in several advanced sensor technologies vital to military navigation and targeting is overwhelmingly ahead of the three AUKUS partners, the United States, United Kingdom and Australia,” according to a new report by the Australian Strategic Policy Institute.
It gets worse, if you’re a country competing with China: “Even if the three team up with like-minded Indo-Pacific countries Japan and South Korea, they do not match the Chinese output in high-impact research.”
The conclusion is the latest from ASPI’s Critical Technology Tracker, created to look at the impact of top research around the world. This newest addition focuses on advanced sensors, including 10 technology areas, with China leading in: inertial navigation systems, magnetic field sensors, multispectral and hyperspectral imaging sensors, photonic sensors, radar, satellite position and navigation, and sonar and acoustic sensors. There are three areas where the US leads: quantum sensors, atomic clocks and gravitational sensors (just).

Across the broad range of 64 more specific technologies measured so far, China is dominant, “leading in 53 technologies against 11 for the US,” say Jenny Wong-Leung, a data scientist at ASPI and an honorary associate professor in the Research School of Physics at the Australian National University, and co-author Dannielle Pilgrim, a researcher at the Canberra-based thinktank.
Their report comes days after the Institute of Scientific and Technical Information of China reported data finding that China ranked first in the number of papers published in the most influential journals, according to Chinese statistics released on Wednesday. China passed the United States in 2018 for the sheer number of scientific publications.
As for sensor technology, the top universities focused on these technologies are the Chinese Academy of Sciences (CAS) and Wuhan University, which lead in papers on seven of the 10 sensor tech areas, the ASPI study says. CAS is, they say, “the world’s largest research organization, with over 100 institutes and three universities under its umbrella.” Wuhan is “the top institution in inertial navigation systems, satellite positioning and navigation and multispectral and hyperspectral imaging,” Wong-Leung and Pilgrim assert. As an example of Wuhan’s advanced work, they point to a recent experiment where an AI controlled a satellite in space.
However, the ASPI experts note that China’s research, while formidable, does not yet translate into market share. But that is likely to change as a result of the technology being developed. North America has roughly 41 percent of the $200 billion remote sensor market today. But China, they write, boasts a “huge share of papers in the top 10% of highly cited publications, especially in inertial navigation systems (44%), photonic sensors (43.7%), multispectral and hyperspectral imaging sensors (48.9%) and sonar sensors (49.4%).”

They published a useful chart illustrating their results.

The scales are so unbalanced, that even adding Australia, the UK and the US — the three AUKUS partners — China’s competitors “still lag badly in six out of the seven technologies in which China leads, and they are barely neck-and-neck in the seventh, magnetic field sensors,” the authors write.
Pulling in Japan and South Korea to AUKUS, they “still wouldn’t catch up.” Even adding the Continent to the mix they would just “creep ahead in radar and satellite positioning and navigation, but would still trail behind China in the other fields.”
As the authors note, these are not abstruse technologies with strictly military applications. “Each of these technologies is vital to our economies, our militaries, and our everyday lives. Global positioning systems (GPS), for example, are used by billions of people every day and are indispensable for defence forces for everything from situational awareness to guiding munitions. But their accuracy depends on precise timing using signals from atomic clocks on the ground and several GPS satellites in orbit.”
Inertial navigation systems “can become important if GPS networks are hit by jamming and spoofing attacks.”
The other technologies have a wide array of civilian applications from using magnetic and gravitational field sensors that help map the upper layers of the earth to photonic sensors that can measure blood levels. And China is surging ahead in much of the research aimed to develop new and better sensors and ways to use them.
The report came out a day after a top CIA tech official, Jennifer Ewbank, spoke about the technology race between China and the US in another field of intense interest: artificial intelligence. The deputy director for digital innovation at the intelligence agency acknowledged that China has access to far more data than the US, which gives Beijing an advantage in developing and training AI, but, she said, the US and its partners have the advantage when it comes to creativity and ability to innovate.
“I will take that innovation, ingenuity, partnerships, and creative thinking any day of the week over mass,” she said at the Potomac Officers Club Intel Summit.
Once again a bunch of idiots using papers submitted to measure innovation knowing full well that 99% of these papers or even patents have no commercial value.
 

srevster

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After 40 years of explosive growth, China’s economy is now in deep distress — with no turnaround in sight. Here's everything you need to know:

What’s going wrong in China?
The country’s economy has hit a wall, ending the longest-running boom in history. Since the ruling Communist Party embraced Western-style trade, investment, and market forces in the late 1970s, China has doubled the size of its economy every decade. Some 800 million Chinese have been lifted out of poverty, and the once largely rural nation has been transformed into a manufacturing colossus and America’s only superpower competitor. But China’s economy is now decelerating sharply, with gross domestic product growing at 3% last year — dropping from 7.4% a decade earlier. Exports are sagging, consumer spending is down, private investment has dropped by a quarter since 2020, and fears of a deflationary spiral are rising. China’s debt is now nearly four times bigger than its GDP, and a burst housing bubble has left up to 80 million apartments unoccupied, threatening the savings of millions of Chinese who invested in the real estate market. “We’re witnessing a gearshift in what has been the most dramatic trajectory in economic history,” said Columbia University economic historian Adam Tooze. Young people have been hit especially hard by the slowdown.

How are young Chinese affected?
As companies have cut back on hiring, the urban unemployment rate for 16 to 24 year-olds has doubled over the past four years to a record 21.3%. Meanwhile, a record 11.6 million students graduated from college this summer into an economy that’s desperately short of high-paying, white-collar jobs. President Xi Jinping has said youth must learn to “eat bitterness” — a Chinese expression that means suck it up and lower your expectations. It’s a devastating blow for a generation raised to believe that hard work would yield success, and media stories abound about disillusioned youth who are “lying flat,” or opting out of the rat race. “They said our future would be bright and beautiful,” Yin, a 24-year-old medical student, told BBC. “But our dreams have been shattered.”

What’s driving the downturn?
It’s partly a consequence of Xi’s three-year “zero Covid” policy, which was abandoned in January. Months long lockdowns in Shanghai and other cities strangled production, led to mass layoffs, and spooked foreign buyers who relied on Chinese manufacturers to feed supply lines. But many of the country’s woes predated the pandemic. China for decades rode a wave of growth created by putting the rural poor to work in urban factories. But it failed to build a strong consumer economy, which could have picked up the slack when exports slowed and factories started moving abroad to poorer countries. Local governments also goosed the economy by constructing skyscrapers, highways, highspeed rail lines, bridges, and airports, but “they are running into diminishing. returns in building stuff,” said Harvard economist Kenneth Rogoff. Overbuilding has left parts of China saddled with unpopulated “ghost cities,” underused infrastructure — Guizhou, one of the nation’s poorest provinces, has more than 1,700 bridges and 11 airports — and piles of debt.

What is Beijing doing?
Not enough, say economists. Some argue that Beijing should strengthen the country’s weak safety net and embark on a stimulus program to shore up consumer spending and create jobs. But growing debt is an obstacle, as is Xi’s aversion to “welfarism” that he says breeds “laziness.” Beijing has invested heavily in the superconductor and electric-vehicle industries, and the latter is a notable bright spot; UBS analysts expect China’s share of the global auto market to roughly double to 33% by the end of the decade. But those sectors can’t lift the entire economy. Analysts say that in the face of economic woes Xi’s government has two choices: to expand economic opportunity or to ratchet up repression. They say it’s taken the latter path, which stands to worsen China’s plight by further stifling innovation and growth.

Are Xi’s policies harming the economy?
The president’s increasing authoritarianism appears to be deterring foreign investors, who spent $20 billion in China in the first quarter of 2023 — down from $100 billion in the same period last year. Many Western companies are worried about getting caught in the growing superpower showdown between the U.S. and China: Beijing banned semiconductors from U.S. chip firm Micron earlier this year and in April sent police to the office of U.S. consulting giant Bain & Co. At the same time, Xi has been waging a regulatory crackdown on Chinese Big Tech firms that might challenge his power. Reports from China now suggest a broad lack of con- fidence among citizens that their government can lead the way forward. “The most terrifying thing is that everyone around me is at a loss of what to do next,” said Richard Li, owner of a struggling auto-parts business. Such despair creates risks that go beyond China’s economy.

What kind of risks?
Masses of disaffected, unemployed young people pose a threat to an authoritarian regime, and Xi well knows it. Many experts fear that China’s growing woes could prompt more repression at home — and more aggression abroad. Efforts to change the subject could extend to invading Taiwan; in March, Xi called reunification with the island “the essence of national rejuvenation.” President Biden last month called China’s economic stumbles “a ticking time bomb” that should concern the U.S. “When bad folks have problems,” he said, “they do bad things.”

China’s shrinking population
On top of its immediate economic woes, Beijing is contending with a slower-burning demographic crisis that will have major implications for future growth. China this year recorded its first population drop since 1961; the U.N. estimates the country’s population will sink from 1.4 billion today to less than 800 million by 2100. That fall is largely a result of the one-child policy introduced by the Communist Party in the late 1970s to regulate population growth. Fears of a looming demographic collapse led authorities to relax that policy in 2016 and to offer cash incentives to new parents. But high housing costs and long working hours still discourage many young Chinese from having children. The fertility rate now stands at 1.09 births per woman, below the 2.1 needed to hold the population steady. China’s population is graying as well as shrinking, with the number of people age 60 and older expected to double to 500 million by 2050 — which could strain health and pension systems. Many Western nations are dealing with similar population problems. But China, said demographer Yi Fuxian, is unique in that it “has become older before it has become rich.

China will grow at 1-2% going forward. I called it on this thread
 

RoaringTigerHiddenDragon

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Despite everything, these are the areas that India should learn from China:
- rapid urbanization and human development. States like UP and Bihar must be completely modernized and human development improved massively. No excuses.
- ways of raising massive amounts of money to fund infrastructure. This is key. The CCP was able to generate large amounts of money to fund development. The top Chinese banks have assets close to $5 trillion while the top Indian bank has assets only around $700 billion, lower than even Tier 2 Chinese banks.
- urban and semi-urban design and development. We must develop Indian cities and semi urban areas to global standards on a war footing. Cities like Delhi, Bengaluru and Mumbai are currently comparable only to Tier 2 Chinese cities. We have to double the economies of the top 10 cities on a war footing.
- excellent focus on tech development and making technology a central theme in their society. The CCP drew up a list of technologies and has focused on getting there by hook or crook. You have to have this drive, People in India must start talking a lot about technology, following science achievements, and building top class research infrastructure everywhere including in backward towns.
- excellent focus on education and sports infrastructure and competitiveness at the University levels. India’s university level education and sports infrastructure pales in comparison to Chinese facilities. Universities in India are hugely underfunded. And excellence in sports is not emphasized.
- keeping religion and other aspects secondary to national growth and attaining developed country status. We are still too focused on religious things. Religion must be seen as a way to improve human development and improving quality of life.
- use of technology to clamp down on crime. Our crime prevention and justice process is still too backward. Need to modernize and invest heavily here.

But the key to all of this is the ability to raise massive amounts of money for building infrastructure quickly, and increasing R&D growth. And attract global Indian talent to move back to India and develop world class technologies. This ability to raise massive amounts of money for infrastructure and human/tech development is where China has truly beaten India by miles. So, despite all the negatives of Chinese growth, they have done some world beating things which we need to adopt.
 

rockdog

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Riding the Jakarta Bandung HSR!
I heard the government is considering different plans after the China-Laos railway got finished. To Thai or Cambodia, Thai is more profitable and it would finally reach Singapore.

mmexport1695517976229.jpg


mmexport1695519716758.jpg


To Burma is also a option.

mmexport1695517977758.jpg


And for Vietnam, it met the same problem as India, the Japanese didn't help them finish the thing on time, the plan delayed to 2045, it's obsurd speed by China standard. And heard China has chance to replace them, China helped Vietnam for lots of urban transfer system projects already.

And China may get through the Kunming-Hanoi line at first.

mmexport1695517979362.jpg
 
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Azaad

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https://youtube.com/shorts/-bZ_dVpUahw?si=k2xaCwee5w9TMKzP

Get a load of this . On the one hand , great helmsman 2.0 is asking the youth in China to "eat bitterness ,'China's not generating enough jobs for the 21-40 yrs old group such that CCP has stopped publishing unemployment figures & on the other hand the CCP is introducing robots in every sphere of life like a mental hospital in this case to help in on basic issues & since these are made in china robots quite obviously they aren't quality stuff or even trouble free like the Japanese robots .


CCP preparing Chinese people for a life in the face of severely dropping TFR in a decade or two from now where I reckon for every one human you'd see a CCP Robot . These could be in the form of People's Armed Force Milita , PLA , state police , robots monitoring social credits etc .
 
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mattster

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The Chinese are very smart. They need huge infrastructure projects to keep their economy humming along.
But they have overbuilt infra in their own country, and their real estate companies like Evergrande are going belly up.

So they are pushing huge big infra projects to any foreign country, even the ones that cannot afford them. The key is hundreds of thousands of overseas jobs for Chinese workers using Chinese materials, tech, financing and labor. They need to create jobs for their restless young working class. If you cannot create these jobs locally, then create them overseas. Export your labor so that these people don't becomes a restless underemployed section of society that will undermine the stability and power of the CCP.

The partner countries get into debt trap and many of the projects are not fully beneficial to host country, but the China doesn't care. They need these huge overseas projects to keep their economy humming
 

KurtisBrian

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If someone owes a lot of money



Then he will be perfectly safe
Greeks, Romans, Bronze Age civilizations weren't. The nations destroyed by Mongol/golem demons/nomads weren't.
Thieves might be safe from the weak ponzi scam thieving banksters of Tyrol/Switzerland but not very safe from angry foreigners, countrymen or societal collapse.
Like in Macross/Robotech. The Robotech Masters are golem making bankster thieves of a planet called Tirol. Most eventually get butchered by the Invid....Invid...Indiv flip the v and you get an A India? Divin e?

To get revenge upon the Chinese, just wake the enslaved Chinese masses like was done in Hong Kong. That was just one person walking around not intentionally doing anything. Easy to send a wind to destroy China (poison air vs life). Riots turn to slaughter of the Chinese soldiers, middle and upper class. Some anti debt nations will probably lend a hand.
When China goes, Singaporean thieves will face the billions of people they stole from.
 

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