News on China's scientific and technological development.

horse said:

Hi ansy1968,

Yeah, hehe ...

That's why India kicked itself out of the RCEP, because the other countries refused to accept Indians transferring their technical qualification accredited by various organizations, along with their person, to other countries in the RCEP.

They delayed signing the RCEP because the waited for the Indians to negotiate their way into the pact, when first they did not want to join, eventually they left on their own again.

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Hi horse, hashtagpls,

How are you my man... Well Singapore had welcome a lot of them and see what happen to them....... I don't want to dis the Indians, but they really need to focus on their population problem rather than doing nothing and propagate its self importance and ego.

Alibaba is getting ready for singles day event.

from cnTechPost
Alibaba enables five super data centers to support China's biggest annual shopping spree
2020-11-03 17:41:39 GMT+8 | cnTechPost
1


To support Alibaba's record-breaking transaction peaks, five super data centers, including Zhang Bei, Ulanqab, Heyuan, Nantong and Hangzhou, will work together to provide computing power during the Singles Day shopping festival on November 11, said Zhou Ming, vice president of Alibaba Group and head of Alibaba Cloud's infrastructure unit.
The Singles Day shopping festival, first initiated by Alibaba, is the most important annual promotional opportunity for e-commerce platforms in China.

While Singles Day used to fall on November 11, Alibaba has extended the festival this year, with November 1-3 being the first half of the event and November 11 being the second half.
In Alibaba's Hangzhou data center, the world's largest liquid-cooled services cluster will have tens of thousands of liquid-cooled servers in production to handle the massive computing work of Double 11, Zhou said, adding the network cables can circle the globe.
Alibaba has being a unique cooling technology -- engineers soak the servers in a special insulating coolant to dissipate heat without the need for fans, air conditioners or other cooling equipment, reducing energy consumption in the data center by more than 70 percent.
In addition to the hardware, Alibaba engineers also designed a monitoring and management system suitable for submerged liquid cooling, reducing failure rates by 50 percent.

NIO worth more than GM now.

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Tam said:

NIO worth more than GM now.

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I'm a little worried about Nio. On one hand, I do think it'll become the next Toyota, on the other hand it currently only sells a few thousand cars a year

It's a bubble similar to Tesla. No way NIO currently is worth more than BMW. It's an innovative company with great new cars, but only sells a few thousand of them, however, the potential for growth is big. You don't have to be worried, they earned a lot of money from bubble poppers like Tesla stock owners. They will gradually expand production and sales.

Dalio bullish on China


Bloomberg suddenly knocking on Dalio due to the Ant Group's aborted IPO. I consider Bloomberg's articles to be rather petty. Considering the backlash finance and tech companies are getting with their calls for more regulatory structure from the US to the EU, and the huge repercussions if this blows up, Chinese gov is not in this for the power and wealth but you want to make sure no one is burned. China doesn't want to have its own Lincoln Memorial or Lehman Brothers.


Yet Jim Cramer at CNBC is saying yeah buy Alibaba. Just days probably the biggest Single's Day in history.


SCMP has a much better balanced and detailed take of it than Bloomberg. There are genuine fundamental questions about all this from the finance side to the Internet privacy side.


Of course, everywhere you invest there is a risk and China isn't an investment paradise or silver bullet. China is always at the risk of regulatory volatility, but I also find that with the US and the EU.

Paywall, can you post SCMP?

Tam said:

I consider Bloomberg's articles to be rather petty.

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You have understand that bloomberg has to play to their audience, wall street. And wall street doesnt like china very much these days, because since the great recession they have wanted to acess china´s market and china said no. In betwen regular programming, bloomberg often plays pieces about hong-kong unrest. So, there may be some bias against china.

Orthan said:

You have understand that bloomberg has to play to their audience, wall street. And wall street doesnt like china very much these days, because since the great recession they have wanted to acess china´s market and china said no. In betwen regular programming, bloomberg often plays pieces about hong-kong unrest. So, there may be some bias against china.

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Bias? More like hate