Boron ramjet? Alzheimer cure? Yikes!
Tech
Boron-powered, supersonic ramjet uses air and water as oxidizing agents.
Alzheimer’s cured with LVA surgery Patient recovered significant memory and conversed normally after deep cervical lymphatic-venous anastomosis.
The world’s only drilling vessel that can drill in 11 km-deep water.
113 innovative drugs approved since 2021, $14 billion annually. 37 innovative drugs and 51 medical devices approved this year.
BioNTech Invests $800M, buys Biotheus, expands oncology R&D in China.
World’s most sophisticated hypergravity machine produces forces thousands of times stronger than the Earth’s surface gravity. Could ‘compress’ time and space.
The world’s first 300mm (12-inch) silicon carbide substrate doubles yield of 200mm wafers, slashes costs.
$1 billion National Geoscience Survey will probe depths below 500m in a countrywide deployment of detection instruments.
China has 10,000 digitalized workshops and smart factories, of which 421 are national demonstrators using technologies like AI and digital twins.
Integrated Electric Propulsion, IEP, moves to aviation for greater efficiency and lower noise. TP Huang
Economy & Trade
Above: China’s fluctuating balance of trade with the world. Glenn Luk.
$1 Trillion Trade Surplus? 2024 exports up 16%, surplus at $785B in 10 months.
BYD Tops Ford’s Sales. Toyota hopes to double China production by 2030.
China built 30% of new cars sold in Mexico this year. 180,000 will be Chevys, Fords and VWs made in Chinese factories.
China Rail shipped three trainloads of lithium batteries in customized, non-combustible containers with smoke, temperature detectors and venting.
The EU lost the battery race this week. Unable to produce cathodes, anodes, electrolytes or polyolefin separators, it is now one tech revolution behind China.
For the first time, exports to Central and Eastern Europe passed Germany’s: a challenge to Europe’s economic core.
China contributes 64% of APEC’s economic growth, 38% in goods and 45% in services.
China has produced 10M NEVs, targets 12M units by year-end.
eHang with solid-state batteries will fly in Phuket and Koh Samui next year.
701 million parcels shipped on Nov. 11, up 9.7% YoY.
Record oil production: 4.5 million barrels per day.
1,000 tonnes gold found in Hunan, says the Geological Bureau.
100,000th China-EU train takes ten days. System has transported 11M TEU of goods worth $420B between 227 cities in 25 EU countries and 100 Asian cities.
Brazil–China trade hit $158 billion YTD, up 10%. 70% was soybeans and iron.
Valuation of listed companies must reflect their actual condition. PBOC: “Hayek opposed government intervention in the market, Keynes believed that the long run is a misleading guide to affairs”.
Environment
3,000 acre (1,223 ha.) ocean PV is also a fish farm, powers 2.67M homes.
554,000 NEV buses, 81% of China’s fleet, ply 1.7M km of routes. 313 urban rail lines run 10,500 km routes in 54 cities.
How does China solve the renewables intermittency problem that the Brits and Germans experienced?
Society
Above: Li Ziqi is back. Her productions are beautiful.
The Spring Festival holiday is extended from three days to four, May Day holiday from one day to two.
Beijing and Shanghai are global science cities, but Nanjing (5th), Wuhan (9th), Hangzhou (13th), Hefei (15th) and Xi’an (20th) rival Tokyo (10th), Paris (11th), Seoul (12th), London (14th) and Chicago (17th).
Enhanced ‘juveniles mode’, age-based recommendation for five age groups, reduces addictive features while giving more customized internet services to kids.
Beijing’s $1.4tn fiscal package will reduce financial pressures on local governments, turn hidden debts into formal government debts.
Diplomacy
Xi to Biden, “Taiwan, democracy and human rights, China’s path and system, and the country’s rights to development must not be challenged,” at APEC meeting in Lima, Peru.
When Chiang Kai-Shek lost the Chinese civil war, his last act was to loot all the gold from China’s central bank and the commercial banks. Long after his death and until the day she died, Mme. Chiang was arguing, fighting, begging, and suing the US government and the FED for the return of “her” gold. She failed, the matter died, and Taiwan today has no knowledge of this.
Propaganda
The SARS-CoV-2 virus was developed as part of a “biodefense program” in a lab at
The content below was originally paywalled.
the University of North Carolina, says former CDC Director General, Robert Redfield.
Geopolitics
Video: China Replaces the US in South America.
Xi to Biden: “China will not allow war or chaos on the Korean Peninsula and will not sit idly by while its strategic security and core interests are threatened”.
The Dalai Lama’s Succession: Strategic Realities.
Did Pakistan’s massive attack on the Baloch Liberation Army have Chinese help?
China issued $2 billion sovereign bonds in Saudi Arabia to finance countries at risk of USD loan defaults. Gets cheap energy and commodities–payable in RMB–in exchange.
Defense
Above: PLA recruiting video. (Not AI-generated)
Jari/Orca – the world’s largest stealth unmanned surface combatant. 420-tons, 200-ft long, 40 knots, 5,000 mile range, 16 anti-ship, AA missiles; torpedoes; integrated mast w. advanced synthetic aperture radar (ASAR); helicopter/UAV pad.
WZ-8 Mach 7 deep penetration ISR1 strike drone.
GDF600 hypersonic gliding bomb with submunitions2
A multi-layered kill chain of hypersonic air, sea and land-launched ballistic missiles for zero survivability of capital ships closer than the second island chain.
China’s $4 million CH-7 UAV stealth bomber has 9000 km range, 2-ton payload. America’s $2.1 billion B2 stealth flying wing has 11,000 km range and 16-ton payload = 600 CH-7 missions for every one B2 mission. Hua.
Intelligence, surveillance, target acquisition
The US has only 44 ground-based interceptor missiles (@ $75M each). US military doctrine emphasizes short wars and overwhelming fire power, which results in low stockpiles of expensive ammunitions, high casualty aversion, and long supply and logistics chains.
