July 31st, 2020
China’s BeiDou set to show the way as Xi Jinping commissions rival to America’s GPS | South China Morning Post
BeiDou has been providing basic global navigation services since 2018, but the completion of the constellation will greatly increase its positioning accuracy – from 10 metres (33 feet) to 10cm (four inches). GPS, which is owned by the US government and operated by the US Air Force, is accurate to about 30cm. www.scmp.com/news/china/science/article/3095593/chinas-beidou-set-show-way-xi-jinping-commissions-rival-americas
Posted in Port Technology | No Comments »
July 31st, 2020
China achieves key independent tech with full global service of BeiDou
enapp.globaltimes.cn/#/article/1196264
independent research and development (R&D) country for key innovations as “core technologies cannot be bought or begged for from other countries.”
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July 31st, 2020
Apple delivers blowout earnings amid COVID-19, market shrugs off iPhone delays – Reuters
The company saw strong sales in its greater China region, where aggressive pricing during a June holiday shopping season and lower-priced iPhone SE model released in April helped boost sales 2% to $9.33 billion. www.reuters.com/article/us-apple-results/apple-delivers-blowout-earnings-amid-covid-19-market-shrugs-off-iphone-delays-idUSKCN24V3J4
Posted in Supply Chains | No Comments »
July 30th, 2020
India, Russia defence logistics sharing pact likely to be signed by year-end – The Economic Times.
Following the agreement, Russians could use ports like Mumbai and Vishakhapatnam for refuelling. India, of course, could do the same, when it came to Russian ports and airbases. This includes access to northern route and ports in Russian part of Arctic. India is looking at an Arctic station in near future and Russia could be a partner. Russia has also assured India access to energy resources in the vast Arctic region.m.economictimes.com/news/defence/india-russia-def-logistics-sharing-pact-by-year-end/articleshow/77094253.cms
Posted in Ports - South Asia, Ports -Russia/Arctic, Ports for military use | No Comments »
July 27th, 2020
US resumes funding for rare earth miners amid deteriorating relations with China – report www.rt.com/business/495618-us-rare-earths-funding/
Posted in Commodities | No Comments »
July 27th, 2020
Russia beating United States in battle for China’s huge energy market www.rt.com/business/495949-russia-outpaces-us-lng-china/
Posted in LNG Gas Terminal | No Comments »
July 25th, 2020
3rd CIIE to be held as scheduled offline in Shanghai amid pandemic.
enapp.globaltimes.cn/#/article/1195569
Posted in Trade impacts on ports | No Comments »
July 25th, 2020
Apple’s iPhone 11 will be made in India from now on, not China www.rt.com/business/495756-apple-iphone-production-india/
Posted in Strategy | No Comments »