The hits keep coming..
Let me know if you like this once-weekly format:
Tech
Origin Wukong, the superconducting quantum computer, was sold to an overseas client for the first time. (China has a complete supply chain for them!)
3G quantum computing breakthroughs affect everything from aerospace engineering to climate modeling.
Tiny, real-time imaging sensor instantly detects spoiled food, blood oxygen, heavy metals in water…
National standards for organ-on-chip technology. Could replace animal testing.
AI-based treatment works for gastric cancer and tumor prevention.
SMIC’s 3Q revenue up 34% to $2.17B, net profit up 58% to $149M.
If China retrieves Mars samples by 2028, says NASA, “That would constitute a Sputnik Moment”.
Real-time satellite data reception now covers 100% of China, 70% of Asia.
Baidu’s Xiaodu AI Glasses offer first-person photography, real-time Q&A, audio-visual translation, intelligent reminders.
China has purified rhenium for single crystal aircraft blades. The West blocked its export for many years.
Economy
Above: blue-collars fall by 19M annually; college grads rise by 10.6M.
500 sq. km smart charging, battery-swapping zone has 1,300 charging piles and 500,000 NEV drivers.
310 Fortune 500 companies invest another $320 billion in Shenzhen.
Shanghai Import Expo (CIIE) gets 3,496 exhibitors. 129 countries and regions.
EU-China greenfield investment a record $4 billion. German FDI was 57%.
Intel Invests $300 million to expand server chip packaging facility.
All drugs, medical consumables 100% fully traceable by this year-end.
58M KW of nuclear power plants + 55 million KW approved or under construction = world’s highest nuclear capacity. Nuclear power generates 13% of clean energy.
Residential users pay $0.42/kWh to charge EVs at night. That’s $3.36 for 500 km driving in a BYD Han. Wind and solar are even cheaper than coal. – David Fishman
Society
Preschool Education Law: mandatory registration, background checks, health exams, primary school compensation and benefits, comprehensive training and strict accountability.
Homicides fell to 0.46/100,000, violent crime from 25% in 1999 to 4% in 2023.
Man detained after faking wealth online sparks conversation on inequality.
300 million played winter sports in 2022. 2023 winter participation up 38%, revenues up 50%.
Diplomacy
Chairman Mao: And the philosopher of your motherland, Hegel said–I don’t know whether it is the correct English translation–’freedom means the knowledge of necessity’.
Kissinger: Yes.
Chairman Mao: Do you pay attention or not to one of the subjects of Hegel’s philosophy, that is, the unity of opposites?
Kissinger: Very much. I was much influenced by Hegel in my philosophic thinking.
Chairman Mao: Both Hegel and Feuerbach, who came a little later after him. They were both great thinkers. And Marxism came partially from them. They were predecessors of Marx. If it were not for Hegel and Feuerbach, there would not be Marxism.
Kissinger: Yes. Marx reversed the tendency of Hegel, but he adopted the basic theory.
Chairman Mao: What kind of doctor are you? Are you a doctor of philosophy?
Kissinger: Yes (laughter). [3] Beijing, November 12, 1973.
Geopolitics
President Dina Boluarte greeted President Xi on a state visit, to open Chancay Port, and for the 31st APEC Economic Leaders’ Meeting.
China Issues $2B Sovereign Bonds in Saudi Arabia to meet the KSA government’s fiscal needs: a three year tranche of $1.25B at 4.284%, and a five year at 4.34%. It will be listed simultaneously on the Hong Kong stock exchange and Nasdaq Dubai.
West rejects UN resolution condemning Nazism: US, Canada, Germany, France, Australia, Austria, Greece, Italy, Poland, Finland refuse to condemn it.
Anti-dumping measures against EU brandy imports start November 15.
MoFA: “The US has been instigating the Philippines to engage in acts of infringement and provocations in the South China Sea, as if the area needed any more instability”.
Senator Rubio, President Trump’s Secretary of State, wrote and passed The Uyghur Forced Labor Prevention Act.
Defense
Did China’s HQ-19 antimissile system intercept 95% of Israel’s missile strike on Iran? Thanks to their advanced
N15B propellant and ultra-high explosive CL-20 warheads, six missiles fit on a single trailer and yet hit targets 3,000 km. away.1
The two-seat variant of the J-20 fighter, J-20S, above, debuted in Zhuhai. Its three GJ-11 flying-wing drones each carry 2 tons of ordnance 2,000 km internally, (= four PL-15 long-range A2A missiles), doubling the payload of a single-seat J-20.
The new J-35A, above, took the F-35 as its design benchmark. It has two WS-19 engines (vs. the F-35’s one); a radar cross-section of 0.01 sq. m., (vs. F-35’s 0.1 sq. m.); its radar range is 200 km (vs. the F-35’s 160 km), and its PL-15 missiles’ 200 km. range beats the F-35’s AIM’s 160 km. It is for export, with no strings attached.
Above: 6th generation fighter Baidi, ‘White Emperor’ at Zhuhai.
Most Chinese missiles outrange their American counterparts by 50%-100%, thanks to N15B, a high-energy, heterogeneous solid propellant of ammonium perchlorate (AP) and octahydro-1,3,5,7-tetranitro-1,3,5,7-tetrazocine (HMX) particles. Their warheads use CL-20, the world’s most energetic explosive. The US has mastered neither of these chemicals.
