Archive for January, 2015

17/01/2015

IAF gets first light combat aircraft – The Hindu

Thirty—two years after the project was sanctioned, the first indigenously—built Tejas Light Combat Aircraft (LCA) was handed over by Defence Minister Manohar Parrikar to the IAF on Saturday, a red letter day for the Indian defence and aerospace sector.

A file photo of the Light Combat Aircraft 'Tejas' at the Yelahanka Air Base in Bengaluru.

The handover signals the start of a process of induction of the fighters being built at home under a project which has already cost the exchequer nearly Rs. 8,000 crore.

The entire project by the DRDO and Hindustan Aeronautics Limited is estimated to cost over Rs. 30,000 crore.

The aircraft that has been handed over has got Initial Operational Clearance—II, which signifies that Tejas is airworthy in different conditions, sources said. The Final Operational Clearance (FOC) is expected by the year—end.

This version of the aircraft lacks the latest electronic warfare suite, which was integrated into one of the LCAs two weeks ago, mid—air refuelling and long—range missiles capabilities, among other things that the FOC—configuration aircraft will have.

The IOC—I was granted to the aircraft, being built by state—owned Hindustan Aeronautics Limited (HAL), in January 2011.

via IAF gets first light combat aircraft – The Hindu.

17/01/2015

Alibaba in major initiative to court China consumer for U.S. retailers | Reuters

China’s Alibaba Group Holding Ltd (BABA.N) plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China’s vast and growing middle class.

The logo of Alibaba Group is seen inside the company's headquarters in Hangzhou, Zhejiang province early November 11, 2014. REUTERS/Aly Song

Anchored by Alipay, the dominant Chinese electronic payments system that works closely with Alibaba and is controlled by its executives, the world’s largest Internet retailer is using the calling card of China’s consumers to attract U.S. partners, two sources close to the company told Reuters.

Long seen as the most potent threat to Amazon.com Inc (AMZN.O) with $300 billion in global sales, the moves add up to a conservative approach to expanding in the United States, contrary to industry speculation that the company may be plotting a direct assault on U.S. soil.

That considered strategy, outlined to Reuters for the first time by the sources and executives who work directly with the Chinese company, is intended to heighten awareness in the United States of what Alibaba does, gain goodwill in an important Western market, and lay the groundwork for a longer-term play.

At the heart of its push are Alibaba’s and Alipay’s trial deals to handle Chinese sales, payment and shipping for some of the biggest names in U.S. retail from Neiman Marcus Group [NMRCUS.UL] to Saks Inc. Both confirmed the agreement but would not talk about how the pilots are faring.

The Chinese companies will also work with U.S. startup Shoprunner, an online mall for U.S. retailers in which it owns a stake, and retail services provider Borderfree Inc (BRDR.O) to court Chinese consumers.

And Alibaba is preparing a marketing campaign to raise awareness among U.S. businesses of its global business-to-business wholesale platform, Alibaba.com, so they can buy and sell to and from global suppliers.

via Alibaba in major initiative to court China consumer for U.S. retailers | Reuters.

17/01/2015

China Telecom plans bid to build Mexico broadband network – sources | Reuters

China’s third-largest carrier China Telecom is preparing a possible bid for a contract to build and run a new mobile broadband network in Mexico and is seeking local partners to join it in a consortium, three people with knowledge of the matter said.

It has already secured up to several billion dollars of financing from Chinese state-controlled banks, including the China Development Bank, for the project, which Mexico estimates will cost $10 billion over 10 years, one of the people said.

The proposed network is part of a sweeping reform designed to break billionaire Carlos Slim‘s hold on the Mexican telecoms business, but the Chinese involvement could prove controversial and trigger concerns from the U.S., some Mexican officials say.

Mexico’s government is trying to ease its economic dependence on the United States and ramp up Chinese investment. A Chinese-led consortium looks poised to win a $3.75 billion contract to build a high-speed train system, sources with knowledge of the plan say. This is despite the group’s previous winning bid being revoked late last year amid a political scandal.

via Exclusive: China Telecom plans bid to build Mexico broadband network – sources | Reuters.

16/01/2015

China accepts more invention patent applications – Xinhua | English.news.cn

China accepted about 928,000 invention patent applications in 2014, some 103,000 more than in 2013, the State Intellectual Property Office (SIPO) said on Thursday.

SIPO director Shen Changyu said invention patent applications accounted for 39.3 percent of all patent applications last year, compared with a 34.7 percent in 2013.

China grants patents for three major categories: invention, utility model and design.

Invention patent application growth slowed from 26.3 percent in 2013 to 12.5 percent in 2014, according to Shen.

Growth in invention patent applications is moderating, but its share in total patent applications is rising, said Shen.

The director said the SIPO will step up law enforcement in 2015 and put more efforts in intellectual property protection.

via China accepts more invention patent applications – Xinhua | English.news.cn.

16/01/2015

Ethnic minorities: Don’t make yourself at home | The Economist

CHINA is urbanising at a rapid pace. In 2000 nearly two-thirds of its residents lived in the countryside. Today fewer than half do. But two ethnic groups, whose members often chafe at Chinese rule, are bucking this trend. Uighurs and Tibetans are staying on the farm, often because discrimination against them makes it difficult to find work in cities. As ethnic discontent grows, so too does the discrimination, creating a vicious circle.

Breaking this circle is crucial to China’s efforts to defuse unrest in Xinjiang, Tibet and Tibetan-inhabited areas of other provinces, which collectively account for nearly one-third of China’s land area. In Xinjiang, Uighur grievances have triggered numerous outbreaks of violence. On January 12th, in what appeared to be the latest such example, six people were shot dead after allegedly attacking police in Shule, a town near China’s border with Central Asia. Uighurs are a Turkic-speaking, mostly Muslim, minority who number about 10m in Xinjiang. In 2000, 80% of them were farmers; ten years later 83% of them were.

There has been far less violence in Tibet, but separatism in the region is no less a headache for China’s leaders. There are more than 6m Tibetans in Tibet and four neighbouring provinces. The proportion of farmers fell only slightly between 2000 and 2010, from 87% to 83%. Some prefer to stay in the fields. But many others feel excluded from the benefits enjoyed by the ethnic Han Chinese, who make up more than 90% of China’s population. Neither Uighurs nor Tibetans enjoy ready access to the job market that has drawn tens of millions of Han to cities in recent years. They are unwelcome, and they know it.

In 2010 about 1% of Tibetans had settled outside the provinces that encompass their homeland, and less than 1% of Uighurs had migrated from Xinjiang, according to census data compiled by Ma Rong of Peking University. Many of the migrants are either officials or in government-sponsored education programmes. The rate of voluntary exodus from Xinjiang and Tibetan areas is slowing considerably.

Part of the problem is linguistic. Uighurs and Tibetans brought up in the countryside often have a very poor grasp of Mandarin, the official language. The government has tried to promote Mandarin in schools, but has encountered resistance in some places where it is seen as an attempt to suppress native culture. In southern Xinjiang, where most Uighurs live, many schools do not teach it.

But discrimination is a big factor, too. Even some of the best-educated Uighur and Tibetan migrants struggle to find work. Reza Hasmath of Oxford University found that minority candidates in Beijing, for example, were better educated on average than their Han counterparts, but got worse-paying jobs. A separate study found that CVs of Uighurs and Tibetans, whose ethnicities are clearly identifiable from their names (most Uighurs also look physically very different from Han Chinese), generated far fewer calls for interviews.

Government programmes help some Uighurs, Tibetans and other minorities get a better education; affirmative-action policies can boost their chances of going to university. One scheme, known as the Xinjiang Class, sends thousands of Uighurs as well as Han Chinese from Xinjiang every year to other parts of China to complete their schooling. But it also encourages them to return to Xinjiang to work among Uighurs. Official figures suggest that 50% end up going back to Xinjiang. Timothy Grose of Rose-Hulman Institute of Technology in Indiana found that most he interviewed would have preferred not to.

via Ethnic minorities: Don’t make yourself at home | The Economist.

15/01/2015

India’s Courts Resist Reform; Backlog at 31.4 Million Cases – Businessweek

Puneet Mittal, trim and sharply dressed, walks into the lobby of his law office in affluent South Delhi, a smartphone pressed to his ear. He turns to a recently hired associate, Bhavesh Verma. “We’re leaving at 9:30. And I don’t want to waste time.” But through no fault of his own, that’s just what Mittal’s going to do.

India’s Supreme Court

He is making his daily plunge into India’s court system, a maze of delays and procedures that puts even the most basic justice out of reach for millions. At the end of 2013, there were 31,367,915 open cases working their way through the system, from the lowest chambers to the Supreme Court. If the nation’s judges attacked their backlog nonstop—with no breaks for eating or sleeping—and closed 100 cases every hour, it would take more than 35 years to catch up, according to Bloomberg Businessweek calculations. India had only 15.5 judges for every million people in 2013, then-Prime Minister Manmohan Singh said at the time. The U.S. has more than 100 judges for every million.

Beneath a top layer of established attorneys such as Mittal, the courts are plagued by “goondas in black,” a phrase that pairs the Hindi word for “goons” with a sly reference to the black suit jackets lawyers wear in court. To keep collecting fees, these lawyers demand one hearing after another, with no intention of seeking a resolution for their clients, says Alok Prasanna Kumar, senior resident fellow at the Vidhi Centre for Legal Policy, which advocates for a more efficient system. Or, he says, they resort to extortion to make up for a lack of income. A “significant number” of the lawyers, especially outside the capital, have practices that don’t sustain them. That leads them to clog the system with pointless litigation: “The bar in India is in a very bad shape,” Kumar says.

In 2013 there were 31,367,915 open cases in India, from the lowest courts to the Supreme Court

Even the best attorneys can have low-stakes lawsuits last a decade or more. New Delhi lawyer Murari Tiwari describes one 20-year property dispute: His original client has died, as has one of his sons. While the case crawls through the courts, Tiwari says, the two families in litigation, one including an auto-rickshaw driver and the other a retired policeman, live on opposite sides of the same building in an icy détente.

via India’s Courts Resist Reform; Backlog at 31.4 Million Cases – Businessweek.

15/01/2015

China to create $6.5 billion venture capital fund to support start-ups | Reuters

(Reuters) – China will set up a government venture capital fund worth 40 billion yuan (4 billion pounds) to support start-ups in emerging industries, in its latest move to support the private sector and foster innovation.

“The establishment of the state venture capital investment guidance fund, with the focus to support fledging start-ups in emerging industries, is a significant step for the combination of technology and the market, innovations and manufacturing,” China’s State Council, the cabinet, said in a statement.

“It will also help breed and foster sunrise industries for the future and promote (China’s) economy to evolve towards the medium and high ends,” it said in the statement published in the government’s website, http://www.gov.cn, referring to sectors which the government is promoting such as technology and green energy.

The government issued the statement after a meeting on Wednesday. It did not give a timetable, but past experience has shown that such a fund could be established within a few weeks after an announcement.

China’s venture capital market remains small, the legacy of the country’s decades of the planned economy in which private sector’s development is largely subject to a great variety of restrictions.

via China to create $6.5 billion venture capital fund to support start-ups | Reuters.

13/01/2015

Japan, China hold maritime crisis talks in Tokyo – Xinhua | English.news.cn

Japan and China hold the fourth round of talks in Tokyo on maritime crisis management mechanism Monday, with both countries agreeing to launch it as soon as possible once a broad agreement is reached.

The working-level talks, participated by officials from Japan’ s Defense Ministry and the Maritime Self-Defense Force and China’ s Defense Ministry, firstly reaffirmed basic agreements they have made so far.

The two sides also discussed some specifics of the mechanism, including technical problems, and agreed to trigger it as soon as possible after some necessary adjustments based on Monday’s talks, Chinese officials said.

The mechanism of high-level consultations on maritime affairs between the two countries was launched in 2012. After three rounds of successful talks, the talks were suspended after the Japanese government‘s so-called”nationalization”of China’s Diaoyu Islands in the East China Sea in September 2012.

via Japan, China hold maritime crisis talks in Tokyo – Xinhua | English.news.cn.

13/01/2015

In a Record Year for Skyscrapers, China is Miles Above Everyone Else – China Real Time Report – WSJ

In China, polluted skies aren’t the limit – at least for skyscrapers.

The world built a record 97 buildings that were 200 meters (656 feet) or taller in 2014, and for the seventh year in a row, the Middle Kingdom completed the greatest number of them, according to a new report (pdf) from the U.S.-based Council on Tall Buildings and Urban Habitat.

China’s output of 58 skyscrapers was a 61% increase from its previous record of 36 buildings in 2013, according to the report. Tianjin, the eastern sister city of Beijing, completed the most 200-meter-plus skyscrapers, totaling six. That’s more than all such skyscrapers built in the Philippines, the world’s No. 2 builder behind China with five.

Within China, there was a four-way tie for second place between Chongqing, Wuhan and Wuxi, all with four buildings each.

If you were to stack all of China’s new skyscrapers on top of each other, they would reach 13,548 meters (44,449 feet) into the sky — close to the upper altitude limit for most commercial airliners. The Philippines, meanwhile, built a total of 1,143 meters’ worth of skyscrapers.

While One World Trade Center in New York, at 541 meters tall (1,775 feet), earned the top spot as the tallest building completed in 2014, the southern Chinese city of Wuxi was home to three of the top-10 tallest buildings erected last year. The Wharf Times Square, a 339-meter tall mixed-use hotel and office complex in Wuxi was the tallest Chinese building completed last year. The city also finished a 328-meter tall hotel and office complex called Wuxi Suning Plaza and a 304-meter-tall Marriott hotel.

via In a Record Year for Skyscrapers, China is Miles Above Everyone Else – China Real Time Report – WSJ.

12/01/2015

“High-speed train tribe” grows with China’s expanding rail network – Xinhua | English.news.cn

China’s expanding high-speed train network and soaring property prices in big cities have seen the birth of the “high-speed train tribe,” a new set of commuters who travel to and from work by bullet train.

High-speed trains service for Beijing's neighboring township

Starting Monday, Beijing will be connected to Yanjiao Town in neighboring Hebei Province via three bullet trains during morning and evening rush hours. The new trains are a high-speed alternative for white-collar workers in the town who are used to suffering on slow, cramped buses on their way to the capital city.

The trains, coded D9022, D9023 and D9024, will help Yanjiao commuters reach Beijing in only half an hour, much shorter than buses, which typically take an hour.

Yanjiao, only 30 kilometers away, has been dubbed the “town of sleep” because its residents often work in Beijing and return to sleep there at night. The town has 600,000 residents, a majority of whom work in Beijing.

The new rail routes came as welcome news to commuters in Yanjiao, many of whom said they will finally be spared the trouble of being crammed on overloaded buses. By 9 p.m. Sunday, all Monday morning train tickets to Beijing had been sold out, according to official statistics.

But the public remains divided on the issue.

via “High-speed train tribe” grows with China’s expanding rail network – Xinhua | English.news.cn.

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India