SAIC And Volkswagen Start Work On $2.5 Billion China Plant In Audi Pivot


The $2.5 billion new energy vehicle (NEV) plant coming in Shanghai, will make VW’s luxury Audi AG brand cars, a possible first for the venture.




View Photos

The new plant is a key step for Audi to diversify production in the world’s largest car market

Volkswagen AG’s China venture with SAIC Motor Corp Ltd has started building a $2.5 billion new energy vehicle (NEV) plant in Shanghai, which will make VW‘s luxury Audi AG brand cars, a possible first for the venture.


Volkswagen

The new plant is a key step for Audi to diversify production of its cars in the world’s largest car market from its long-standing local partner, China FAW Group Corp Ltd. This shift has been delayed amid resistance from local dealers.

SAIC Volkswagen said the new plant would have an annual capacity to make 300,000 cars and begin production from 2020. Audi sold 481,387 vehicles in China from January to September this year.

Audi unveiled the plan to bolster ties with SAIC in late 2016. Earlier this year the Germany luxury carmaker bought a 1 percent stake in the SAIC Volkswagen venture, paving the way for the joint venture to produce and sell Audi cars.

Volkswagen currently gets a larger proportion of the proceeds from the 50-50 tie-up with SAIC than from its 40 percent stake in the venture with FAW.

0 Comments

SAIC Volkswagen said in a statement on Friday the plant would cost 17 billion yuan ($2.5 billion) and would make VW and Skoda models as well as Audi cars. It will help VW tap China’s fast-growing market for NEVs, a category comprising electric battery cars and plug-in electric hybrid vehicles.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

For the latest auto news and reviews, follow CarAndBike on Twitter, Facebook, and subscribe to our YouTube channel.





Source link

China Plans To Launch Artificial Moon By 2020. Will Be 8 Times Brighter


By reflecting light from the sun, the satellites could replace streetlamps (Representational)

Beijing: 

China is planning to launch its own ‘artificial moon’ by 2020 to replace streetlamps and lower electricity costs in urban areas, state media reported Friday.

Chengdu, a city in southwestern Sichuan province, is developing “illumination satellites” which will shine in tandem with the real moon, but are eight times brighter, according to China Daily.

The first man-made moon will launch from Xichang Satellite Launch Center in Sichuan, with three more to follow in 2022 if the first test goes well, said Wu Chunfeng, head of Tian Fu New Area Science Society, the organization responsible for the project.

Though the first launch will be experimental, the 2022 satellites “will be the real deal with great civic and commercial potential,” he said in an interview with China Daily.

By reflecting light from the sun, the satellites could replace streetlamps in urban areas, saving an estimated 1.2 billion yuan ($170 million) a year in electricity costs for Chengdu, if the man-made moons illuminate an area of 50 square kilometers.

The extraterrestrial source of light could also help rescue efforts in disaster zones during blackouts, he added.

AFP was not able to contact Wu nor the Tian Fu New Area Science Society to confirm the reports.

As China’s space programme races to catch up with that of the United States and Russia, a number of ambitious projects are in the pipeline, including the Chang’e-4 lunar probe — named after the moon goddess in Chinese mythology — which aims to launch later this year. If it succeeds, it will be the first rover to explore the “dark side” of the moon.

China is not the first country to try beaming sunlight back to Earth. In the 1990s, Russian scientists reportedly used giant mirrors to reflect light from space in an experimental project called Znamya or Banner.

Chengdu’s artificial moon project was announced by Wu at an innovation and entrepreneurship conference in Chengdu on October 10.

In addition to Tian Fu New Area Science Society, other universities and institutes, including the Harbin Institute of Technology and China Aerospace Science and Industry Corp, are involved in developing Chengdu’s illumination satellites.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)





Source link

Skoda Kodiaq GT Unveiled; World Premiere In China In November


The new Kodiaq GT will make its global premiere in China at the Guangzhou Motor Show, which takes place from 16 to 25 November 2018.




View Photos

The Skoda Kodiaq GT will only be available in China

Skoda has unveiled the Kodiaq GT and it’s the company’s first SUV coupe which is intended exclusively for the Chinese market. China will be the only market in the world where Skoda offers a total of four SUV models: Kamiq, Karoq, Kodiaq and Kodiaq GT. The new Kodiaq GT will make its global premiere in China at the Guangzhou Motor Show, which takes place from 16 to 25 November 2018. The Kodiaq GT looks similar to the SUV but there are a few changes that make it stand apart. The Kodiaq GT is characterised by a wide bonnet and blackframed grille with chrome-plated dual ribs. The LED headlights, three-dimensional bumper and front spoiler with wide air inlets reinforce its powerful appearance. The roofline gently sloping behind the front doors merging into the flat tailgate gives the Kodiaq GT a dynamic profile. Powerful wheel arches and chiselled side skirts in the body colour with matte black elements also add to the robustness of the coupe version of this large SUV.

Skoda Kodiaq

Dr. Ralf Hanschen, President of Skoda China, said: “The Skoda Kodiaq GT is an important milestone in Skoda China strategy. Being the first coupe SUV in our model range specifically designed for the Chinese market. We are confident that this sporty and stylish Skoda model will appeal to new customer groups and provide an even more impressive driving experience for our customers in China.”

2d4o35vo

The Skoda Kodiaq GT’s sloping roof offers a dynamic profile 

The rear end features sharply drawn LED taillights with crystalline shapes. There’s a fine reflective tape that runs down the loading sill along the entire width of the vehicle and creates further accents alongside the black diffuser. The interior of the new Kodiaq GT is also sporty and stylish and comes with a fully customizable Virtual Cockpit, which comes as standard. There’s Wi-Fi access and MirrorLink, Apple CarPlay among other features.

palk32eo

The rear of the Skoda Kodiaq GT features sharply drawn LED taillights

0 Comments

The Kodiaq GT comes with a 2-litre TSI motor which drives the front wheels and makes 184 bhp. A more powerful version too is up for grabs which makes 217 bhp and drives all four wheels thanks to the 7-speed gearbox. Numerous assistance systems including Blind Spot Detect, Front Assist and Adaptive Cruise Control (ACC) with stop-go function to ensure maximum safety.

For the latest auto news and reviews, follow CarAndBike on Twitter, Facebook, and subscribe to our YouTube channel.





Source link

2 US B-52 Bombers Fly “Routine” Mission Near Disputed South China Sea


The Pentagon did not confirm which islands the B-52 bombers flew near (File photo)

Washington: 

Two US B-52 bombers flew near contested islands in the South China Sea and “participated in a routine training mission”, according to a statement from Pacific Air Forces.

The two B-52H Stratofortress bombers, which are based in Guam, “participated in a routine training mission in the vicinity of the South China Sea” the statement said on Wednesday, adding that the flight was part of US Indo-Pacific Command’s “Continuous Bomber Presence operations” which have been ongoing since March 2004, reports CNN.

The Pentagon would not confirm which islands the B-52s flew by, but recent tensions have focused on the Spratly Islands.

The US regularly flies aircraft in the South China Sea, but Beijing is particularly sensitive about the operations when they come near areas where the Chinese government has built islands and established military facilities on disputed maritime features.

Pacific Air Forces said Tuesday’s “mission is consistent with international law and US’ long-standing commitment to a free and open Indo-Pacific”.

Recently, a Chinese destroyer sailed within 45 yards of the USS Decatur, forcing the American warship to maneuver to avoid a collision while it was sailing near the disputed Spratly Islands.

The US labelled the Chinese warship’s actions unsafe and unprofessional while Beijing said the US was threatening the safety and sovereignty of China.





Source link

China, Pakistan Vow To Jointly Construct CPEC China-Pakistan Economic Corridor, Build Closer Ties


CPEC: Pledges were made during Pak PM Imran Khan’s meeting with a Chinese official

Islamabad: 

China and Pakistan agreed on Monday to build closer ties and facilitate the construction of the China-Pakistan Economic Corridor (CPEC).

The pledges were made during Pakistani Prime Minister Imran Khan’s meeting with Song Tao, head of the International Department of the Communist Party of China (CPC) Central Committee, Xinhua reported.

Mr Khan said the new Pakistani government sees the relations with China as the priority and corner stone of its diplomacy, and is willing to enhance bilateral ties with China and jointly push forward the construction of CPEC.

He said his government is willing to further strengthen relations between the two countries’ ruling parties, learn from CPC’s experience in party and country governance, and bring benefits to peoples of the two countries.

For his part, Song Tao said China and Pakistan are “iron friends” and China treasures the bilateral friendship with Pakistan.

He said China is ready to join hands with Pakistan to facilitate the construction of CPEC under the Belt and Road Initiative and to build closer bilateral ties.

Song Tao said the CPC is willing to enhance communication and cooperation with Mr Khan’s ruling Pakistan Tehreek-e-Insaf party, and play a political guiding role in China-Pakistan ties and CPEC construction.

During his visit to Pakistan, Song Tao also held meetings with Chairman of the Senate Sadiq Sanjrani, Chairman of the Joint Chiefs of Staff Committee Zubair Mahmood Hayat, Foreign Minister Shah Mahmood Qureshi and leaders of main political parties.





Source link

As Pakistan Calls On IMF For Bailout, China Has Advice For Global Lender


Beijing: 

China today said the global lender IMF should “objectively and professionally” evaluate its planned investments in Pakistan to ensure that any financial package does not affect close ties between Beijing and Islamabad.

Cash-strapped Pakistan has approached the International Monetary Fund or IMF for a bailout, and has agreed to share the details of huge Chinese loans obtained for the CPEC project.

Pakistan’s Finance Minister Asad Umar told reporters on Sunday that Islamabad is ready to share details of the debt related to the China-Pakistan Economic Corridor or CPEC with the IMF as he formally sought a bailout package from the international lender.

Reacting to the move by its all-weather ally Pakistan to approach the IMF for the bailout package, Chinese foreign ministry spokesman Lu Kang said, “As a member of the IMF, China supports the organisation having cooperation with Pakistan in objectively and professionally evaluating the situation on the ground in Pakistan.”

“Also, we support the IMF (helping Pakistan) in coping with the current difficulties. Their measures shall not affect normal bilateral cooperation between China and Pakistan,” he said, adding the CPEC projects have been undertaken by the two governments under the principle of “consultation and contribution for shared benefits”.

dqic1h1o

CPEC project: An IMF team is scheduled to arrive in Pakistan on November 7 to negotiate the bailout package (Reuters)

Mr Umar landed in Islamabad on Sunday after meeting IMF Managing Director Christine Lagarde in Indonesia for a bailout package for Pakistan. He said the decision to approach the global lender was taken after consultations with friendly countries.

An IMF team is scheduled to arrive in Pakistan on November 7 to negotiate the programme, likely to cover a period of three years, Mr Umar said.

The Chinese official said that judging from the debt structure already released by the Pakistani government, their debt incurred from the CPEC is not high. “So, it is not the reason for Pakistan’s financial difficulties,” he said.

After the new Pakistan government led by Prime Minister Imran Khan took over, China has agreed to extend the CPEC projects to Balochistan province to address criticism that only the dominant Punjab province has grabbed most Chinese investments.

India has also protested to China over CPEC as it traverses through Pakistan-Occupied Kashmir or PoK.





Source link

Nokia X7 aka Nokia 7.1 Plus Looks Set to Launch in China on Tuesday


Nokia X7 aka Nokia 7.1 Plus Looks Set to Launch in China on Tuesday

Photo Credit: Weibo/ Nokia

Nokia X7 has been teased numerously on social media hours before launch

Nokia X7, the Chinese version of the upcoming Nokia 7.1 Plus, looks set to launch at an event scheduled for Tuesday in China. Next in the lineup that currently consists of the Nokia 5.1 Plus (Nokia X5) and the Nokia 6.1 Plus (Nokia X6), the Nokia X7 will borrow the same design elements including a wide display notch, a vertically stacked dual rear camera setup, glass body, and a rear-mounted circular fingerprint sensor. Nokia has started teasing the smartphone on its social media accounts with hours to go before the Nokia X7’s official unveiling.

All of the three teasers posted on Nokia’s Weibo account show off the front of the smartphone that reveals a bezel-less display with a notch up top and a chin on the bottom with standard Nokia branding. Just last week, Nokia Mobile India published a teaser that shows off the large form factor of the upcoming Nokia X7/ Nokia 7.1 Plus. The company has also confirmed that the rear cameras of the smartphone will sport two ZEISS optic lenses with improved low-light photo capturing abilities.

Nokia X7 specifications (rumoured)

The Nokia X7 will run a stock version of Android, as part of the Android One programme, and is expected to sport a 6.18-inch full-HD+ (1080×2246 pixels) TFT display with an 18.7:9 aspect ratio. The handset will most likely be powered by a 2.2GHz octa-core SoC, coupled with 4GB/ 6GB of RAM and 64GB/ 128GB of internal storage.

The phone might sport a dual rear camera setup with a 13-megapixel primary sensor and a 12-megapixel secondary sensor, coupled with an LED flash. On the front, the Nokia X7 will reportedly sport a 20-megapixel selfie camera. It is expected to sport a 3,400mAh unit under the hood.

Earlier this month, HMD Global launched the Nokia 7.1 smartphone in the company’s revamped lineup of handsets, at an event in London. The phone comes with features such as a Snapdragon 636 SoC, a 19:9 PureDisplay panel with HDR support, USB Type-C charging, and Carl Zeiss optics.



Source link

In A First, India, China Launch Joint Training For 10 Afghan Diplomats


Afghan Diplomats with Chinese ambassador Luo Zhaohui and dean of Foreign Service Institute JS Mukul

New Delhi: 

India and China launched a programme on Monday to train Afghan diplomats and China’s ambassador has said it would likely be followed by joint programmes in other fields to help war-torn Afghanistan.

Such cooperation is the first by the two nations, which have long been locked in a tussle for influence in a region stretching from Nepal to Sri Lanka and the island chain of the Maldives.

Within Afghanistan, India and the China have been on opposite sides with China relying on its old ally Pakistan, as it seeks to stabilise Afghanistan by various means, including brokering talks to end the Taliban insurgency.

India, on the other hand, has invested billions of dollars in economic projects and training of military officers to strengthen the Afghan government in its fight against the Taliban.

For its part, Pakistan sees the expansive diplomacy in Afghanistan by India, as a way to encircle it.

China’s ambassador to India has said the joint training of 10 Afghan diplomats at the Indian Foreign Service Institute was the first step in China-India-Afghanistan cooperation that was agreed at a summit between President Xi Jinping and Prime Minister Narendra Modi this year.

“This is just the beginning. China and India have respective advantages. For example, India has remarkable edge in agriculture and medical services, and China in hybrid rice and poverty reduction,” the ambassador, Luo Zhaohui, said in a speech.

“I am sure that in the future days China-India cooperation in Afghanistan will span from training programme to more concrete projects.”

PM Modi and President Xi agreed to handle long-standing political differences peacefully at their summit in China, just months after a dispute over a stretch of their Himalayan border near the tiny state of Bhutan rekindled fears of war.

Luo said India-China cooperation in Afghanistan should be extended to countries such as Bhutan, Nepal, the Maldives, Myanmar and even Iran.

In many of these countries, China is helping to build infrastructure as part of its Belt and Road Initiative, which India sees as a bid by China to expand its influence.

China’s call for partnership comes just a week after its embassy in New Delhi said that both countries must deepen their cooperation to fight trade protectionism, as it criticised the United States for what it termed provoking disputes.

 

© Thomson Reuters 2018





Source link

China Purrs Over White Tiger Triplets At Yunnan Wildlife Zoo In Kunming


The tigers’ white fur is a genetic variation of the common orange Bengal tiger.

Kunming: 

Three playful white Bengal tiger cubs are charming visitors as they clamber around their enclosure at a zoo in China.

The rare, blue-eyed triplets were born nearly three months ago at the Yunnan Wildlife Zoo in Kunming, and made their public debut in early October.

“The oldest one — the largest — is very naughty and has a real appetite. He’s the naughtiest. The youngest is like a baby, she’s gentle. She never wins when fighting for food,” zookeeper Hao Li said.

v46berbo

The three playful white Bengal tiger cubs are charming visitors as they clamber around their enclosure at a zoo in China.

The cubs’ busy mother is getting a helping hand keeping her youngsters from getting hungry, with keepers always ready to step in with a bottle.

The tigers’ white fur is a genetic variation of the common orange Bengal tiger.

The mutation seldom occurs in the wild, but the zoo is home to 41 cats of this rare white variety.

There are currently more than 2,500 Bengal tigers outside captivity, most of them in India, according to conservation group World Wildlife Fund.

A competition is being held to name the three newborns, with final names chosen at the end of October.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)





Source link

India, China Launch Joint Programme To Train Afghan Diplomats


The first India-China Joint Training Programme for Afghan Diplomats will be held from October 15-26.

New Delhi: 

A group of Afghan diplomats will begin training from today as part of an India-China joint initiative.

The joint training programme is being held after an understanding for such a cooperation was reached during an informal summit between Prime Minister Narendra Modi and Chinese President Xi Jinping held in April at China’s Wuhan city.

The first India-China Joint Training Programme for Afghan Diplomats will be held from October 15-26, according to the Ministry of External Affairs.

Ahead of their training, Indian Ambassador to Afghanistan Vinay Kumar had hosted the 10 Afghan diplomats, who will take part in the training programme as part of the trilateral cooperation between India, China and Afghanistan. 





Source link