Chinese Economics Thread
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Equation
Lieutenant General
The price for copper metal just keeps on getting higher every year. That's good if you are trading copper but bad for consumers as there will be more copper thief for scrap metal through out the world. Heck here in Houston we still having thieves breaking into abandon home property a/c units after Hurricane Harvey to steel the copper coil inside the air condenser unit and than resale it for cash at a scrap metal recycling center.
manqiangrexue
Brigadier
Volvo to supply Uber with thousands of self-driving cars
JARI TANNER
,
•November 20, 2017
HELSINKI (AP) — Volvo Cars said Monday it will sell tens of thousands of self-driving cars to Uber, which is expanding to become an operator and owner of its own car fleet.
Volvo said in a statement that it would provide the San Francisco-based ride-sharing company with its XC90 premium SUVs complete with autonomous driving technologies, from 2019 until 2021. The framework deal is non-exclusive.
"The automotive industry is being disrupted by technology and Volvo Cars chooses to be an active part of that disruption," said Volvo Cars CEO Hakan Samuelsson.
The carmaker, owned by China's Geely Holding since 2010, didn't disclose the agreement's value or the precise number of vehicles. Media reports suggest Uber is buying up to 24,000 autonomous Volvo cars.
The deal is based on an alliance Volvo announced with Uber last year when the two companies said they would collaborate on developing self-driving cars, pledging to invest a combined $300 million to the project.
Jeff Miller, Uber's head of auto alliances, said Monday the company was "thrilled" to expand its partnership with Volvo.
"This new agreement puts us on a path towards mass produced self-driving vehicles at scale," Miller said in a joint statement with Volvo.
Volvo Cars key manufacturing plant is located in Goteborg, Sweden.
JARI TANNER
,
•November 20, 2017
HELSINKI (AP) — Volvo Cars said Monday it will sell tens of thousands of self-driving cars to Uber, which is expanding to become an operator and owner of its own car fleet.
Volvo said in a statement that it would provide the San Francisco-based ride-sharing company with its XC90 premium SUVs complete with autonomous driving technologies, from 2019 until 2021. The framework deal is non-exclusive.
"The automotive industry is being disrupted by technology and Volvo Cars chooses to be an active part of that disruption," said Volvo Cars CEO Hakan Samuelsson.
The carmaker, owned by China's Geely Holding since 2010, didn't disclose the agreement's value or the precise number of vehicles. Media reports suggest Uber is buying up to 24,000 autonomous Volvo cars.
The deal is based on an alliance Volvo announced with Uber last year when the two companies said they would collaborate on developing self-driving cars, pledging to invest a combined $300 million to the project.
Jeff Miller, Uber's head of auto alliances, said Monday the company was "thrilled" to expand its partnership with Volvo.
"This new agreement puts us on a path towards mass produced self-driving vehicles at scale," Miller said in a joint statement with Volvo.
Volvo Cars key manufacturing plant is located in Goteborg, Sweden.
Jura The idiot
General
Jura The idiot
General
antiterror13
Brigadier
I am not sure whether it is the right thread. Mods, please feel free to move
Interesting that Dalai Lama called Indians are lazy and he also said that Tibet want to stay with China .. note this is from Indian newspaper
Tibet wants to stay with China, seeks development, says spiritual leader Dalai Lama
"Tibet has a different culture and a different script... The Chinese people love their own country. We love our own country."
By: Express Web Desk | New Delhi | Updated: November 23, 2017 9:29 pm
Tibetan spiritual leader the Dalai Lama, commenting upon Tibet’s relationship with China, said on Thursday that the country does not seek independence from China but wants greater development. At an interactive session organised by the Indian Chamber of Commerce in Kolkata, the Dalai Lama said that though there have been incidents of “fight” between China and Tibet, the two countries enjoyed a close relationship.
Taking a positive stand on the issue, he said “The past is past. We will have to look into the future.” He also clarified that the people of Tibet are not against China and want to stay with the latter. “We are not seeking independence… We want to stay with China. We want more development,” news agency PTI quoted the spiritual leader as saying.
dalai lama, tibet independence, tibet china ties, tibet development, tibet china relations, latest news, indian express
He further said that the Tibetans want China to accept the differences between the two countries and respect their culture and heritage. “Tibet has a different culture and a different script… The Chinese people love their own country. We love our own country,” he said.
The Dalai Lama expressed that they feel a lack of understanding on part of China and said that the latter does not “understand what had happened in the last few decades…With China joining the world, it has changed 40 per cent to 50 per cent of what it was earlier.”
He then went on to talk about the ecological significance of the Tibetan Plateau and recalled that a Chinese ecologist had said its environmental impact was like that of the South Pole and the North Pole. “The ecologist called it the Third Pole,” the Buddhist leader said.
Talking about the significance of Tibet the Dalai Lama said, “From Yangtze to Sindhu rivers, major rivers … come from Tibet. Billions of lives are involved. Taking care of the Tibetan Plateau is not only good for Tibet but for billions of people.”
The Tibetan spiritual also commented upon the people of India, calling them lazier than the Chinese but the also lauded India for its ‘stability’ and ‘diversity’. Compared to the Chinese, “I think, Indian people are lazy”, he said. “May be it is due to the climate. But India is most stable. In the world stage, India can play a role,” the Dalai Lama said.
He also praised India for its “spirit of religious tolerance” and for harmonious existence of diverse traditions together. “India has a tradition of living together. (It is) a living example of different traditions being carried together,” the spiritual leader said. “I can proudly state the same about Tibetan culture,” he said.
Praising to India’s ‘religious pluralism,’ he said for the last several centuries, Jainism, Hinduism, Buddhism, Sikhism, Zoroastrianism, Judaism, Christianity and Islam had coexisted. He also emphasised on the need to maintain religious harmony despite differences and said,”Religious tolerance is very important… although there are problems sometimes due to politicians who try to manipulate that.”
Talking about the Doklam stand-off between the Indian and Chinese army, the monk said these were ‘small problems’. “The Chinese Army had come. Then there was ceasefire. Then withdrew. It is not easy,” he said. He called for peace between the two nations and added that China and India needed each other and should uphold the spirit of ‘Hindi-Chini bhai bhai’.
On lighter note, he made a remark on the ‘genuine’ smile of the Indians, while the Chinese officials he said, “are experts in giving artificial smiles”
Interesting that Dalai Lama called Indians are lazy and he also said that Tibet want to stay with China .. note this is from Indian newspaper
Tibet wants to stay with China, seeks development, says spiritual leader Dalai Lama
"Tibet has a different culture and a different script... The Chinese people love their own country. We love our own country."
By: Express Web Desk | New Delhi | Updated: November 23, 2017 9:29 pm
Tibetan spiritual leader the Dalai Lama, commenting upon Tibet’s relationship with China, said on Thursday that the country does not seek independence from China but wants greater development. At an interactive session organised by the Indian Chamber of Commerce in Kolkata, the Dalai Lama said that though there have been incidents of “fight” between China and Tibet, the two countries enjoyed a close relationship.
Taking a positive stand on the issue, he said “The past is past. We will have to look into the future.” He also clarified that the people of Tibet are not against China and want to stay with the latter. “We are not seeking independence… We want to stay with China. We want more development,” news agency PTI quoted the spiritual leader as saying.
dalai lama, tibet independence, tibet china ties, tibet development, tibet china relations, latest news, indian express
He further said that the Tibetans want China to accept the differences between the two countries and respect their culture and heritage. “Tibet has a different culture and a different script… The Chinese people love their own country. We love our own country,” he said.
The Dalai Lama expressed that they feel a lack of understanding on part of China and said that the latter does not “understand what had happened in the last few decades…With China joining the world, it has changed 40 per cent to 50 per cent of what it was earlier.”
He then went on to talk about the ecological significance of the Tibetan Plateau and recalled that a Chinese ecologist had said its environmental impact was like that of the South Pole and the North Pole. “The ecologist called it the Third Pole,” the Buddhist leader said.
Talking about the significance of Tibet the Dalai Lama said, “From Yangtze to Sindhu rivers, major rivers … come from Tibet. Billions of lives are involved. Taking care of the Tibetan Plateau is not only good for Tibet but for billions of people.”
The Tibetan spiritual also commented upon the people of India, calling them lazier than the Chinese but the also lauded India for its ‘stability’ and ‘diversity’. Compared to the Chinese, “I think, Indian people are lazy”, he said. “May be it is due to the climate. But India is most stable. In the world stage, India can play a role,” the Dalai Lama said.
He also praised India for its “spirit of religious tolerance” and for harmonious existence of diverse traditions together. “India has a tradition of living together. (It is) a living example of different traditions being carried together,” the spiritual leader said. “I can proudly state the same about Tibetan culture,” he said.
Praising to India’s ‘religious pluralism,’ he said for the last several centuries, Jainism, Hinduism, Buddhism, Sikhism, Zoroastrianism, Judaism, Christianity and Islam had coexisted. He also emphasised on the need to maintain religious harmony despite differences and said,”Religious tolerance is very important… although there are problems sometimes due to politicians who try to manipulate that.”
Talking about the Doklam stand-off between the Indian and Chinese army, the monk said these were ‘small problems’. “The Chinese Army had come. Then there was ceasefire. Then withdrew. It is not easy,” he said. He called for peace between the two nations and added that China and India needed each other and should uphold the spirit of ‘Hindi-Chini bhai bhai’.
On lighter note, he made a remark on the ‘genuine’ smile of the Indians, while the Chinese officials he said, “are experts in giving artificial smiles”
PiSigma
"the engineer"
Not sure if it is the journalist or the lama that said "two countries". Either way, just that statement alone means the article is a waste of my time.
Jura The idiot
General
I listened today to a discussion of economic topics by academic and banking experts on my favourite radio station. The first ten or fifteen minutes were spent on the debt level in China which is about as high as in the Netherlands but was rising faster. One contributor said that the authorities had been able to minimize the problems without upsetting anything upon which another said she had recently spoken with the Financial Times correspondent in China who told her that she could only get articles published that said that China was large and strange thus keeping the readers in suspense.
Hendrik_2000
Lieutenant General
Not everything is perfect in China and one of the bad aspect of life in China is the sorry state of public toilet. Back then even the high end plaza has no toilet paper I hope it change by now
More than facility they need to teach the Chinese public about hygiene and etiquette of using public toilet, eradicate bad habit of letting kid defecate in public places. Some of them wear pant with hole. They should learn from Singapore experience in changing bad habit with concerted education and stiff penalty!
Xi stresses ‘toilet revolution’
By Zhang Hui Source:Global Times Published: 2017/11/27 22:48:40
China should continue to upgrade the country's toilets as part of its "toilet revolution" aimed at developing domestic tourism and improving people's quality of life, Chinese President Xi Jinping said.
The construction of clean toilets is an important part of pushing urban and rural civilization, and more efforts should be made in both cities and rural areas to upgrade toilets, Xi said in a recent instruction on the achievements of the toilet revolution carried out in the tourism sector, the Xinhua News Agency reported on Monday.
Along with the toilet revolution, China should construct better public facilities and services to boost the tourism industry, Xi said.
Xi has long stressed the importance of the toilet revolution in enhancing the quality of the tourism industry. Officials are urged to make consistent efforts and take tailored measures to tackle long-standing issues and correct bad habits in tourism.
Local authorities are now more aware of the important role toilets play, believing that better facilities are not only beneficial for tourism, but can also improve the environment that people work and live in, and enhance the overall level of civilization of society.
Lou Xiaoqi, executive president of the Capital Civilizational Development Foundation, a Beijing-based NGO, told the Global Times that sanitation issues play an important role in urban development and city management, and while a vital part of infrastructure, are all too easily ignored.
"The toilet revolution also closely connects to a country's development of technology and protection of water resources," Lou said.
While visiting rural areas, Xi asked local residents about the conditions of the toilets they used and stressed many times that clean toilets for rural residents are important for the building of a "new countryside."
China launched the toilet revolution across the country in 2015 with the aim to make such facilities cleaner and more regulated.
Toilets in the countryside and at tourist sites have had a bad reputation. In rural areas, some toilets were little more than makeshift shelters surrounded by bunches of cornstalks, and some were open pits next to pigsties. At tourist sites, visitors were angered by insufficient toilets, unhygienic conditions and lack of sanitation workers.
By the end of October this year, China had installed or upgraded 68,000 toilets at tourist destinations, 19.3 percent more than the target.
The toilet revolution has been expanding gradually from tourist sites to cover the whole country, from cities to rural areas.
Lou has promoted a toilet revolution in Beijing since 1993.
"Now Beijing is able to keep its toilets clean, and the toilet revolution should shift to raise public awareness, provide special care to pregnant women, seniors and children, as well as prevent bacteria from spreading disease," Lou said.
The country plans to install or upgrade another 64,000 toilets at tourist destinations from 2018 to 2020, according to an action plan released by the China National Tourism Administration.
More than facility they need to teach the Chinese public about hygiene and etiquette of using public toilet, eradicate bad habit of letting kid defecate in public places. Some of them wear pant with hole. They should learn from Singapore experience in changing bad habit with concerted education and stiff penalty!
Xi stresses ‘toilet revolution’
By Zhang Hui Source:Global Times Published: 2017/11/27 22:48:40
China should continue to upgrade the country's toilets as part of its "toilet revolution" aimed at developing domestic tourism and improving people's quality of life, Chinese President Xi Jinping said.
The construction of clean toilets is an important part of pushing urban and rural civilization, and more efforts should be made in both cities and rural areas to upgrade toilets, Xi said in a recent instruction on the achievements of the toilet revolution carried out in the tourism sector, the Xinhua News Agency reported on Monday.
Along with the toilet revolution, China should construct better public facilities and services to boost the tourism industry, Xi said.
Xi has long stressed the importance of the toilet revolution in enhancing the quality of the tourism industry. Officials are urged to make consistent efforts and take tailored measures to tackle long-standing issues and correct bad habits in tourism.
Local authorities are now more aware of the important role toilets play, believing that better facilities are not only beneficial for tourism, but can also improve the environment that people work and live in, and enhance the overall level of civilization of society.
Lou Xiaoqi, executive president of the Capital Civilizational Development Foundation, a Beijing-based NGO, told the Global Times that sanitation issues play an important role in urban development and city management, and while a vital part of infrastructure, are all too easily ignored.
"The toilet revolution also closely connects to a country's development of technology and protection of water resources," Lou said.
While visiting rural areas, Xi asked local residents about the conditions of the toilets they used and stressed many times that clean toilets for rural residents are important for the building of a "new countryside."
China launched the toilet revolution across the country in 2015 with the aim to make such facilities cleaner and more regulated.
Toilets in the countryside and at tourist sites have had a bad reputation. In rural areas, some toilets were little more than makeshift shelters surrounded by bunches of cornstalks, and some were open pits next to pigsties. At tourist sites, visitors were angered by insufficient toilets, unhygienic conditions and lack of sanitation workers.
By the end of October this year, China had installed or upgraded 68,000 toilets at tourist destinations, 19.3 percent more than the target.
The toilet revolution has been expanding gradually from tourist sites to cover the whole country, from cities to rural areas.
Lou has promoted a toilet revolution in Beijing since 1993.
"Now Beijing is able to keep its toilets clean, and the toilet revolution should shift to raise public awareness, provide special care to pregnant women, seniors and children, as well as prevent bacteria from spreading disease," Lou said.
The country plans to install or upgrade another 64,000 toilets at tourist destinations from 2018 to 2020, according to an action plan released by the China National Tourism Administration.