CHINESE SPACE NEWS
Jaishankar reaffirms India's continued support to Mauritius in its quest for progress
The visit to the Indian Ocean island nation marks one of the first bilateral engagements undertaken by Jaishankar following his re-appointment in the third term of Prime Minister Narendra Modi-led government.
Samsung launches sixth generation foldables amid rising competition from Chinese brands
Samsung has intensified competition in the super-premium foldable smartphone segment with the launch of its sixth generation devices, the Z Flip6 and Fold6. Despite maintaining a dominant 79% volume share in India's foldable smartphone market as of Q1 2024, Samsung faces growing competition from Chinese brands like Tecno, Motorola, OnePlus, and Vivo.
Chinese rocket accidentally launches during test, then crashes
Because of a "structural failure," the Tianlong-3 rocket separated from its testing platform while its propulsion system was being tested and lifted off from its launchpad, the rocket's owner Space Pioneer said in a statement. The accident occurred at 3:43 p.m. local time Sunday at a test facility in Gongyi city in central China's Henan province, the statement said.
China's lunar lander brings back something astonishing from the moon, everything we know
China's Chang'e-5 lunar lander that returned to the Earth after exploring the far end of the moon, has come back with some interesting artefacts from the moon's surface, that are key to understanding the geological evolution of the moon from the Early days.
China calls on scientists of all nations to study lunar samples, but notes obstacle with the US
China's space officials announced that scientists worldwide could apply to study lunar rock samples from the Chang'e 6 mission. Cooperation, however, excludes the U.S. due to the Wolf Amendment, which restricts direct bilateral collaboration with NASA. China welcomes international scientists but refrains from revealing specific sample details pending further announcements. Future plans include lunar and planetary exploration missions.
Did China's Long March 2C rocket fail and its debris fall on villagers? The in-depth story
Suspected Chinese rocket debris was observed landing over a village in southwest China. The Space Variable Objects Monitor satellite, created by France and China to study gamma-ray bursts, was carried by the rocket
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Putin ratifies plan to jointly build lunar base with China
Russian President Vladimir Putin has approved a plan to jointly build the International Lunar Research Station (ILRS) with China. The ILRS will include sections on the lunar surface, lunar orbit, and Earth, built in two phases. The first phase aims to establish a basic station by 2035, with expansion completed by 2045. Twelve countries and international organizations have joined the initiative. The project follows Russia and China's 2021 agreement and involves ambitious lunar missions starting in 2026.
Own midcaps? Do a check & balance exercise to avoid decision of haste: 7 midcaps from different sectors with an upside potential of upto 49%
Every now and then the market goes through phases, where it prefers a certain set of stocks, not based on sector but based on the overall market cap. So, sometimes it is large caps, at other mid-caps. Now this partially happens, due to the flows which are coming to markets. For example, if more flows are coming to mid-cap or multicap schemes there is bound to be out performance in the mid-cap space. Now what it does is that it tends to create a sudden surge in mid-cap. Similarly when there is an outflow like the kind of one which we saw in March this year, midcap stocks tend to decline sharply. Essentially, it is the flows which impact the broader matrix of how midcaps behave. So there are phases not owning a midcap stocks appeared to sin and then there phase, where owning them appears to be sin. But if one focuses on the underlying business and some critical parameters, there is a possibility of getting rid of these phases of anxiety which keep coming to the street and create long term wealth.
China's spacecraft takes off from far side of Moon to bring home first samples
China's Chang'e-6 probe on Tuesday lifted off from the far side of the Moon for its journey back to Earth carrying the first rock samples ever collected from the rarely explored terrain, in an ambitious mission that underscored the country's rise as a major space power. The ascender has entered a pre-set orbit around the Moon after taking off from the far side this morning, the China National Space Administration (CNSA) announced.
New star wars plan: US rushes to counter Chinese and Russian threats in orbit
US Defense Department is looking to acquire a new generation of ground- and space-based tools that will allow it to defend its satellite network from attack and, if necessary, to disrupt or disable enemy spacecraft in orbit, Pentagon officials have said in a series of interviews, speeches and recent statements.
Will China become the cat among India's EV pigeons?
Chinese electric vehicles are causing concern in the US and Europe due to their affordability and efficiency. The US has responded by imposing tariffs on Chinese EVs and lithium-ion batteries. India may now become a target for Chinese EVs. Stellantis is considering manufacturing Leapmotor's electric vehicles in India to avoid tariffs.
Xi Jinping, Vladimir Putin hold talks in Beijing to discuss future strategic ties
Russian President Vladimir Putin visited China to hold talks with China President Xi Jinping. The two leaders discussed about the Ukraine war and the increasing pressure on Beijing from the US and EU for supporting Russia. This is Putin's first foreign visit after being elected for the fifth term. Russia's large delegation, including five deputy prime ministers and other senior officials, is expected to discus trade and economic cooperation.
Elon Musk's fortune soars by most since before Twitter purchase
In the past five days, the world’s third-richest person has gained $37.3 billion in net worth, according to the Bloomberg Billionaires Index. That’s his largest weekly gain since March 2022, just before he agreed to buy Twitter Inc. for $44 billion in one of the biggest leveraged buyout deals in history. Since then, his fortune has tumbled just as often as it has increased after a breathtaking ascent in 2020 and 2021.
Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla has canceled its affordable Model 2 car, which was expected to drive the company's growth into a mass-market automaker. The decision comes as Tesla faces fierce competition from Chinese electric-vehicle makers, who are offering cars as low as $10,000. The new plans call for robotaxis to be produced in much lower volumes than the projected Model 2, with Tesla's cheapest current model, the Model 3 sedan, retailing for about $39,000 in the US. Tesla shares were down about 3% in early afternoon trading after the Reuters report.
Chinese satellites heading to moon fail to reach orbit after rocket falters
Chinese satellites faced setbacks en route to the moon due to abnormalities. The DRO orbit offers spacecraft stability without fuel, crucial for China's moon missions and the manned space station in orbit.
Setting up nuclear power unit in space is priority for Russia: Putin
Russian President Vladimir Putin stressed the importance of prioritizing space projects, including a nuclear power unit in space, during discussions with government officials, according to state news agency TASS. Putin highlighted Russia's competencies in space and the need to finance such projects. He also mentioned collaboration with China on deploying a nuclear reactor on the moon. Meanwhile, Russia is reportedly developing a nuclear space weapon, raising concerns about its potential impact on satellites orbiting Earth.
India tries to boost space startups, close gap with China
While the Indian Space Research Organisation (ISRO) is one of the top national space agencies in the world, the private sector was slow to develop because the government allowed only a few vendors and manufacturers to participate.
Jaishankar & Chinese counterpart Wang meet briefly at security conference in Germany
S Jaishankar and Wang Yi met briefly at the Munich Security Conference, their first meeting in over six months. No official word on their discussion. Antony Blinken and other top diplomats also attended. India is pressing for disengagement at Depsang and Demchok to restore normalcy.
'No evidence' Russia has decided what to do with emerging anti-satellite weapon, Biden says
President Biden stated that Russia has not decided to deploy an anti-satellite weapon. There is no immediate danger to humans, and Russia's actions pose no nuclear threat. Secretary of State Blinken continues to raise concerns about the Russian capability at the security forum.
Xi Jinping digs in his heels despite mounting setbacks
This book discusses the economic woes and international backlash faced by Chairman Xi Jinping. It highlights Xi's success in sidelining factions in the Chinese Communist Party and the enemies he has made. The article also mentions the recent disappearances and expulsions of state ministers and top leaders of the People's Liberation Army Rocket Force. It discusses the impact of these events on Xi's ability to manage high-level personnel.
Good margins from India business but rising Chinese imports hurting industry: TV Narendran, Tata Steel
Tata Steel MD says, “ We are watching the space because in 2015 when China was exporting 10 million tonnes a month, we appealed to the government and we got some support. Now, China is exporting about 8 million tonnes a month, so it is pretty close to that. So, let us wait and see what happens in the next few months.”
China's financial reckoning: Judge Linda Chan takes center stage amid real estate giants' debt woes
Judge Linda Chan presides over an unprecedented wave of Chinese corporate defaults, holding real estate giants like Evergrande accountable. Chan's courtroom decisions, pushing for creditor recovery and challenging distressed companies, reveal the complex interplay between Hong Kong's legal system and the mainland's policies, shaping the future of China's financial landscape
Chinese Astronauts challenge space norms, livestream fire experiment | Watch
Chinese astronauts engaged in a series of interactive live lectures, offering young audiences a fascinating peek into their experiences while orbiting in space. These engaging presentations offered insights into the astronauts' daily routines and their lives within the Mengtian laboratory module of the space station.
The mystery behind disappearing business tycoons in China
China's business tycoons are increasingly at risk as the government cracks down on powerful magnates who fail to align with the Communist Party's agenda. The latest case is that of Hui Ka Yan, founder of Evergrande, which is struggling with over $300 billion in liabilities. Hui has been placed under police surveillance and is being investigated over suspected illegal activities. This trend of disappearing business executives has become common in recent years, with high-profile figures such as Jack Ma and Ren Zhiqiang also vanishing.
Top Chinese scientist now claims India moon landing nowhere near south pole
China's top scientist, Ouyang Ziyuan, has disputed India's claim of landing its Chandrayaan-3 rover near the lunar south pole, stating that the landing site was nowhere close to the pole. Ouyang said the Chandrayaan-3 was 619 kilometers away from the polar region. China's space program, according to Pang Zhihao, a Beijing-based senior space expert, has better technology and has been capable of sending orbiters and landers directly into Earth-Moon transfer orbit since 2010.
China’s soft power investment in Caucasus region gains traction
China is using its official media and various initiatives to promote its soft power in the South Caucasus region. CGTN, a channel of the China Media Group, is presenting news and innovations related to China through social media platforms in Azerbaijani, Georgian, and Armenian languages. Confucius Institutes and the Chinese Embassy in Azerbaijan are actively promoting Chinese culture and language among students.
3 Chinese astronauts return home safely after a six-month stint in space station
China's Shenzhou-15 spacecraft carrying three astronauts landed back on Earth after completing their six-month mission to build the country's space station. The astronauts were replaced by three other astronauts, including China's first civilian, who is set to stay in the station for five months. China is now the only country that will own a space station as the International Space Station is set to be decommissioned by 2030.
China to send astronauts to Moon by 2030 as space race intensifies
China on Monday announced plans to send a manned mission to the moon by 2030 for lunar scientific exploration, amid its deepening space race with the West. The announcement was made by Lin Xiqiang, Deputy Director of the China Manned Space Agency (CMSA), as China is preparing to send a third set of astronauts to its space station on Tuesday.
3 Chinese astronauts return safely after completing six months mission at China's space station
They were replaced by another three astronauts flown to the under-construction space station by the Shenzhou-15 spaceship on November 29.
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