Chindia Alert: You’ll be Living in their World Very Soon
aims to alert you to the threats and opportunities that China and India present. China and India require serious attention; case of ‘hidden dragon and crouching tiger’.
Without this attention, governments, businesses and, indeed, individuals may find themselves at a great disadvantage sooner rather than later.
The POSTs (front webpages) are mainly 'cuttings' from reliable sources, updated continuously.
The PAGEs (see Tabs, above) attempt to make the information more meaningful by putting some structure to the information we have researched and assembled since 2006.
SEOUL/SHANGHAI (Reuters) – South Korea raised its disease alert to the highest level on Sunday after a surge in coronavirus infections and two more deaths, while China state media warned the outbreak there had yet to reach a turning point despite some signs of easing.
South Korea’s president said he was putting the country on “red alert” due to the rapid rise in new cases, which are largely being traced back to church services. Health officials reported 169 new infections, bringing the total to 602, having doubled from Friday to Saturday.
The escalation in the alert level allows the government to send extra resources to Daegu city and Cheongdo county, which were designated “special care zones” on Friday.
South Korea’s Yonhap News Agency said it also enables the government to forcibly prevent public activities and order the temporary closure of schools, though the government gave no immediate details on what steps could be taken.
In China, the health commission confirmed 648 new infections – higher than a day earlier – but only 18 were outside of Hubei province, the lowest number outside of the epicenter since authorities started publishing data a month ago and locked down large parts of the country.
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South Korea raises disease alert to highest level as virus cases soar
But the number of cases continued to climb elsewhere.
Japanese Prime Minister Shinzo Abe instructed government agencies on Sunday to urgently prepare medical provisions and draft a comprehensive plan to curb the spread of the virus, after it reported 27 more cases a day earlier.
The U.S. State Department raised its travel advisory level one notch for South Korea and Japan to Level 2 on a scale of 1 to 4.
Concern about the reach and rapid spread of coronavirus also grew in Europe and the Middle East.
Cases in Italy, Europe’s worst hit country, more than quadrupled to 79 on Saturday, with two deaths.
Iran reported a total of 43 infections, with eight deaths – all since Tuesday – forcing some of its neighbors to announce travel and immigration curbs.
The World Health Organization on Saturday stressed that the number of cases outside of China was still relatively few, but it was worried by the detection of infections without a clear link to China.
The disease has spread to some 26 countries and territories outside China, killing more than a dozen people, according to a Reuters tally. It has been fatal in 2% of reported cases, with the elderly and ill the most vulnerable, according to the WHO.
The potential economic impact of coronavirus was prominent at a meeting of G20 finance ministers in Riyadh, at which the International Monetary Fund chief said China’s 2020 growth would likely be lower at 5.6%, down 0.4 percentage points from its January outlook, with 0.1 percentage points shaved from global growth.
The last time South Korea raised the alert to the highest was 11 years ago during the Influenza A or H1N1 outbreak.
Many of South Korea’s new cases were linked to the Shincheonji Church of Jesus congregation in Daegu after a 61-year-old woman known as “Patient 31” tested positive for the virus last week. The woman had no recent record of overseas travel.
Catholic churches in Daegu and Gwangju have suspended mass and other gatherings, while churches elsewhere saw declines in attendance on Sunday, especially among the elderly.
“If the situation gets worse, I think we’ll need to take more measures. Currently, we’re limiting personal gatherings within the church except for Mass,” said Song Gi-young, 53, wearing a face mask at church.
Heo Young-moo, 88, expressed frustration.
“Devotees shouldn’t go to any risky places … Hasn’t it become so widespread because those people didn’t get checked?”,” he said.
Outside of the church was a sign that said: “All Shincheonji followers are strictly prohibited from entering”.
The foreign ministry said South Koreans aboard a plane to Israel had been denied entry there on Saturday due to concerns about the virus spread.
China said the number of new deaths on Saturday from COVID-19, as the disease caused by the virus is known, was 97, all but one of which were in Hubei.
Eighty-two of those were in the provincial capital Wuhan, where Xinhua news agency said nucleic tests were being carried out on the backlog of cases to try to contain the spread.
In total, China has reported 76,936 cases, and 2,442 deaths. The WHO says the virus is severe or critical in only a fifth of infected patients, and mild in the rest.
Graphic: Reuters graphics on the new coronavirus here
NOT OVER YET
Beijing, Zhejiang, Sichuan had no new infections on Feb. 22 for the first time since the outbreak was detected. There were signs of street life in Shanghai, with some cafes serving take-out food and families wearing masks walking their dogs.
State run television on Sunday urged people to avoid complacency, drawing attention to people gathering in public areas and tourist spots without wearing masks.
Analysts have been closely watching out for any signs of a secondary wave of infections as transport restrictions are eased and many migrant workers return to factories and offices. Business activity in the world’s second-biggest economy is only gradually returning to normal after widespread disruptions.
Japan’s health minister apologized on Saturday after a woman who was allowed to leave the coronavirus-struck Diamond Princess cruise ship tested positive despite having underwent quarantine.
At least 623 cases have been reported on the vessel, the biggest outbreak outside China, involving more than a dozen nationalities.
In Italy, schools and universities were closed and some soccer matches postponed in Lombardy and Veneto, the country’s industrial heartland.
Saudi Arabia, Kuwait, Iraq have travel and immigration curbs on Iran, while Oman on Sunday urged its citizens to steer clear of countries with high infection rates and said arrivals from those nations would be quarantined.
The authorities suspect the current outbreak in South Korea originated in Cheongdo, pointing out that a large number of sect followers attended a funeral of the founder’s brother from 31 January to 2 February.
On Friday, a second person who contracted the coronavirus died.
The victim was a woman in her 50s. She died in the south-western city of Busan after being transferred there from a hospital in a nearby country, according to Yonhap news agency.
Reports say she had earlier been a patient at the same mental hospital in Cheongdo as the country’s first victim – an elderly man. Another 15 patients there have also tested positive.
On Thursday, 53 new cases were reported. South Korea now has a total of 204 cases making it the largest cluster outside mainland China and the cruise ship docked off Japan.
The new virus, which originated last year in Hubei province in China, causes a respiratory disease called Covid-19.
What measures are being taken?
From the 100 new cases reported on Friday, 86 were in Daegu, a city 300km (186 miles) south-east of the capital Seoul, and nearly all of those were from a cluster involving the religious sect.
Image copyright AFPImage caption South Korea is trying hard to stop the local spread of the new coronavirus
Reacting to the quickly deteriorating situation, the government promised swift measures to prevent further spread of the virus.
“It is urgent to find people who have contacted infected people and cure patients,” PM Chung said, according to Yonhap.
He said the government was readying resources like sickbeds, medical equipment and health workers and warned the virus was now spreading locally.
“The government has so far focused on curbing infections coming from outside the country. From now on, the government will further prioritise preventing the virus from spreading locally.”
Health Minister Park Neung-hoo said authorities would allow hospitals to isolate respiratory patients from others in an effort to prevent any spread within medical institutions.
He also said that all pneumonia patients in Daegu hospitals would be checked for the virus.
What happened in Daegu?
The city’s biggest cluster appears to be at a branch of a religious sect which calls itself the Shincheonji Church of Jesus, Temple of the Tabernacle of the Testimony.
South Korean health officials believe these infections are linked to a 61-year-old woman who tested positive for the virus earlier this week.
Image copyright AFP/GETTY IMAGESImage caption Workers have been disinfecting the streets of Daegu, South Korea’s fourth-largest city
The Shincheonji, which has been accused of being a cult, said it had now shut down its Daegu branch and that services in other regions would be held online or individually at home.
As of Friday, more than 400 members of the church were showing symptoms of the disease, though tests were still ongoing, the city mayor said.
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Daegu is the country’s fourth-largest city, with a population of 2.5 million people.
Residents are now being asked to remain at home after authorities described the church cluster as “super-spreading event”.
Hand sanitizers and warning signs
By Hyung Eun Kim, BBC Korean Service, Seoul
Many people in South Korea are wearing masks on a daily basis.
Hand sanitizers have been placed at public transport stops and building entrances.
Warning government signs are everywhere. They say: “Three ways to prevent further infection: wear a mask at all times; wash your hands properly with soap for more than 30 seconds; and cover yourself when coughing.”
Image copyright EPAImage caption New norm: Mask-wearing crowd in Seoul
Koreans have also developed several apps and websites that tell you how much risk you face where you are. They show where the infected people are within a 10km radius.
“I can’t miss work, what I can do is minimise contact with others and stay at home during the weekend,” Seung-hye Lim, a Seoul resident, told the BBC.
“I do wonder if we reacted too laxly initially or if it really is because of the specific service practices of the Shincheonji sect.”
So-young Sung, a mother of two in Seoul, told the BBC: “It feels like my daily life is collapsing.”
She said she was struggling to find pharmacies that had masks.
She added that checking coronavirus-related alarms from her children’s schools and kindergartens was now a daily routine for her.
What about China and elsewhere?
The latest figures from China put the death toll from the disease at 2,236 people and total infections at more than 75,000.
The virus has now hit the country’s prison system, with more than 500 inmates confirmed infected.
Senior officials have already been sacked for mishandling management of the outbreak.
The virus has also spread around the globe with more than 1,000 cases and several deaths in the rest of Asia, in Europe, the Middle East, the US and Africa.
On Friday, Iran confirmed 13 new cases, saying that two of those infected had died.
Health ministry official Minou Mohrez was quoted by the state-run Iran news agency as saying the coronavirus has spread to several cities, including the capital Tehran.
South Korea is now the worst affected country after mainland China and the more than 600 infections on a cruise ship docked in Japan.
Media caption Coronavirus: Quarantined passengers released from Japan ship
Passengers of the Diamond Princess who have tested negative continue to disembark the ship in Yokohama after more than 14 days quarantined on board.
More than 150 Australian passengers have been evacuated from the ship and have already arrived in Darwin, where they will begin two more weeks of quarantine.
Australian officials said on Friday that six people had reported feeling unwell on arrival in Darwin and were immediately tested.
Two of those people tested positive despite having received negative tests before leaving Japan.
The first batch of people from Hong Kong have also flown back to the city, where they will similarly be quarantined.
MUNICH (Reuters) – U.S. Secretary of State Mike Pompeo defended on Saturday his nation’s global role despite misgivings in Europe, vowing that Western values would prevail over China’s desire for “empire”.
Pompeo was seeking to reassure Europeans troubled by U.S. President Donald Trump’s “America first” rhetoric, ambivalence over the transatlantic NATO military alliance and tariffs on European goods.
“I’m happy to report that the death of the transatlantic alliance is grossly exaggerated. The West is winning, and we’re winning together,” he said in a speech at the Munich Security Conference, listing U.S. steps to protect liberal democracies.
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Pompeo was, in part, responding to German President Frank-Walter Steinmeier, who on Friday accused the United States, Russia and China of stoking global mistrust.
Trump’s decision to pull out of the 2015 Iran nuclear deal, as well as the Paris climate accord, have undermined European priorities, while moves such as recognition of Jerusalem as Israel’s capital have weakened European diplomacy, envoys say.
Pompeo defended the U.S. strategy, saying Europe, Japan and other American allies were united on China, Iran and Russia, despite “tactical differences.”
He reiterated Washington’s opposition to the Nord Stream 2 gas pipeline under construction between Russia and Germany under the Baltic Sea, a project backed by the government of German Chancellor Angela Merkel.
Citing Russia’s 2014 annexation of Crimea, cyber threats in Iran and economic coercion by China, Pompeo said those countries were still “desiring empires” and destabilising the rules-based international system.
U.S. Secretary of Defense Mark Esper, speaking immediately after Pompeo, focused his remarks solely on China, accusing Beijing of a “nefarious strategy” through telecommunications firm Huawei [HWT.UL].
“It is essential that we as an international community wake up to the challenges presented by Chinese manipulation of the long-standing international rules-based order,” Esper said.
He said it was not too late for Britain, which last month said it would allow Huawei a limited role in building its 5G networks, to take “two steps back,” but added he still needed to asses London’s decision.
“We could have a win-win strategy if we just abide by the international rules that have been set in place for decades … that respect human rights, that respect sovereignty,” he said.
Teams from Shanghai, Guangdong – including experts who helped tackle Sars – arrive in Wuhan to lend their support
Tencent, JD.com, Lenovo among raft of private firms offering financial aid to those battling deadly outbreak
Doctors and nurses from across China are being dispatched to help tackle the coronavirus epidemic in Hubei province. Photo: Xinhua
Chinese authorities and private enterprises are stepping up their support for embattled medical teams in Hubei province as they continue to fight the coronavirus epidemic, while neighbouring governments ramp up their efforts to prevent its further spread.
Hospitals across Wuhan – the city at the centre of the outbreak – have been overwhelmed by the flood of patients and doctors are becoming increasingly frustrated at the lack of support, both in terms of supplies and personnel, they have received.
But national bodies say they are responding to the crisis.
On Saturday, China’s National Health Commission (NHC) said that six medical teams comprising 1,230 staff had been set up and dispatched to help fight the deadly virus in Hubei.
Three medical units from Shanghai, Guangdong and the armed forces had already arrived in the province, it said, though did not make clear if they were in addition to or part of the six teams.
Chen Dechang, a doctor from Ruijin Hospital in Shanghai who is among those sent to Hubei, said it was important there were more medical staff on the scene.
“We can help save more patients in the intensive care unit if we are on the front line,” he said.
Authorities in Shanghai have also sent 81 ECMO (extracorporeal membrane oxygenation) life-support machines to Jinyintan Hospital, which is one of the designated facilities treating patients in Wuhan.
The ECMO technique – which involves removing blood from a person’s body, removing the carbon dioxide and oxygenating red blood cells before pumping them back into the patient – has already been used on one critically ill patient at Wuhan University’s Zhongnan Hospital, according to Shanghai-based news outlet Thepaper.cn.
Though the report did not say how effective the treatment had been.
Medical teams in Wuhan have been under huge pressure since the outbreak began. Photo: Xinhua
The team from Guangdong comprised 42 doctors and 93 nurses, the NHC said. The deployment came after a group of current and former medical staff from Southern Medical University in Guangzhou – who had helped tackle the Sars (severe acute respiratory syndrome) outbreak in 2002-03 – signed a petition saying they were willing to help in Wuhan.
“We are a team of experienced practitioners who fought Sars,” they said in the petition, a copy of which was posted on the social media accounts of Communist Party mouthpiece People’s Daily.
“We cannot back away from our responsibility to help 17 years later as people are facing the outbreak of a new coronavirus. We are willing to be deployed to the front line to make our contributions.”
A team of 135 doctors from Chongqing arrived in Wuhan on Friday evening, the NHC said, without elaborating.
A medical team from Guangdong province prepares to travel to Wuhan. Photo: Xinhua
As well as the wave of medical support, several private companies said they had provided financial support to help fight the epidemic.
According to Chinese media reports, Shanghai Ocean Forest Assets has donated 10 million yuan (US$1.4 million) to the cause, while Shanghai-based asset management firm, Jinglin Assets is coordinating efforts to buy urgently needed medical supplies from South Korea and Japan.
Shenzhen’s Fantasia Holdings said it would donate 6 million yuan and send medical supplies, including surgical masks, to Wuhan, while tech giant Tencent said it would donate 300 million yuan from its charity. E-commerce platform JD.com said it had donated 1 million surgical masks and 60,000 other medical items.
Chinese smartphone manufacturer Xiaomi said on Friday it had sent a first batch of medical equipment – masks and thermometers worth more than 300,000 yuan – to Wuhan, while tech firm Lenovo said on Saturday it would donate all of the IT equipment required by the new specialist treatment centre being built in the city.
Authorities set a target to have the 1,000-bed facility up and running within six days of starting construction.
Aside from the support from the private sector, state lender China Development Bank on Friday issued a 2 billion yuan emergency loan to Wuhan, while a day earlier, China’s finance ministry said it had allocated 1 billion yuan to authorities in Hubei to help tackle the epidemic.
Across the country, authorities have introduced a number of measures to help prevent the further spread of the coronavirus, including the closure of all cinemas in Shanghai.
Wuhan residents stockpile food, medical supplies
25 Jan 2020
Also on Saturday it was reported that Liang Wudong, a doctor at Xinhua Hospital in Wuhan, had become the first medical professional to die after treating people infected with the virus.
Liang, 62, was suspected of having contracted the virus last week and had been transferred to Jinyintan Hospital for treatment. He died at 7am on Saturday, Thepaper.cn reported.
According to official figures, 41 people have been killed by the coronavirus and there have been more than 1,280 confirmed cases. The vast majority are in the Chinese mainland, but there have also been confirmed cases in Hong Kong, Macau, Taiwan and eight other countries, including the United States and Europe.
Tens of millions of people in cities across Hubei are effectively on lockdown after the introduction of travel bans to help control the spread of the virus.
Evacuation plan outlined in email as diplomats look for ways to protect foreign nationals
Paris earlier reports three cases on its soil – the first to be identified in Europe
The French consulate in Wuhan is planning to evacuate French nationals from the city to escape the deadly coronavirus. Photo: AFP
Foreign diplomats in Wuhan are scrambling to assess the situation in the coronavirus
-plagued city, with French officials planning to evacuate French nationals trapped by the Chinese government’s lockdown.
The plan would allow French people who want to leave Wuhan, the capital of Hubei province, to travel by bus to Changsha in neighbouring Hunan province, according to an email seen by the South China Morning Post.
“The consulate general, in collaboration with local authorities, plans to set up a bus service to allow French nationals … and their Chinese and foreign spouses and children to travel from Wuhan to Changsha,” it said.
The email, sent by the French consulate, also asked anyone who received it to pass the notice on to other French nationals. It was not clear which bodies received the email and the date of the planned evacuation was not specified.
The consulate could not be reached for comment on Saturday.
France, the United States, Britain and South Korea all have consulates in Wuhan, according to China’s foreign ministry.
The South Korean consulate said in a post on its website that it would suspend all visa applications “indefinitely until further notice”.
A diplomatic source said several foreign embassies in China were considering plans to evacuate their nationals from Wuhan.
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25 Jan 2020
It is not known how many foreigners remain in the city, which has a population of about 11 million and has been under a government-imposed lockdown since Thursday morning.
French Foreign Minister Jean-Yves Le Drian said in a statement on Friday that Paris was monitoring the crisis and “can increase the power [to respond] if necessary”.
There have so far been three confirmed cases of the new coronavirus in France, in Paris and Bordeaux.
French Foreign Minister Jean-Yves Le Drian said on Friday that Paris was monitoring the crisis in China. Photo: AFP
The US said earlier that most of its consulate staff and their families had been pulled out of Wuhan.
An emailed inquiry to the British consulate in the city received only an automated reply, saying: “Wuhan is now in crisis mode. We may not be able to answer your emails for some time.”
The consulate would be closed for the Lunar New Year holiday until January 31, it said.
Meanwhile, British citizen Kharn Lambert told the BBC on Thursday how he had been “trapped” in Wuhan.
The PE teacher said he was afraid to leave his house for fear of catching the deadly virus.
“If you saw the street behind me at night time where I normally live … if I show you out there now, it’s dead,” he said.
More than 1,280 confirmed cases have been reported across China, of which more than 700 were in Hubei, according to local government figures released on Saturday.
The death toll in Hubei stands at 39, with two other fatalities reported in the provinces of Hebei and Heilongjiang.
Tens of millions of people in Hubei are effectively on lockdown since a travel ban was imposed on most of the province.
Flights, trains, buses and ferries connecting Wuhan to other cities in Hubei have been suspended. Rail authorities in Wuhan, which is a hub for several major high-speed lines, said operations at 61 stations and more than 400 train services had been suspended until further notice.
Media caption The billionaire financier and philanthropist has become a divisive figure in global politics in recent years
Billionaire philanthropist George Soros has launched a stinging attack on the “authoritarian rulers” of both the US and China.
He said President Donald Trump was a “conman and the ultimate narcissist” who had breached the limits of the US constitution.
And he said China’s President Xi Jinping was using technology to exert total control over Chinese life.
“The world would be a better place if they weren’t in power,” Mr Soros said.
Using his annual speech at the World Economic Forum, in Davos, the financier warned of a growing threat from populism and climate change, while pledging $1bn towards a new global university network to tackle intolerance.
But the businessman – who is a major donor to the US Democratic party – said Beijing and Washington posed the biggest threat to “open societies”.
“Both [leaders] try to extend the powers of their office to its limit and beyond.
“Trump is willing to sacrifice the national interests for his personal interests and he will do practically anything to win re-election.
“By contrast, Xi Jinping is eager to exploit Trump’s weaknesses and use artificial intelligence to achieve total control over his people.”
The White House was approached for comment.
Media caption Modi to Trump: “My honour to introduce you to my family”
Mr Soros also targeted Indian Prime Minister Narendra Modi, saying the Indian state was “imposing punitive measures on Kashmir, a semi-autonomous Muslim region, and threatening to deprive millions of Muslims of their citizenship”.
He was referring to two controversial decisions made by Mr Modi’s Hindu nationalist government.
The first was to strip the disputed Kashmir region of its semi-autonomous status and place it under virtual lockdown.
The second is the introduction and passage of a controversial citizenship law that critics say is discriminatory towards Muslims.
It seeks to fast-track Indian citizenship to non-Muslim minorities from three nearby Muslim-majority countries.
Media caption The Conspiracy Files: Why did Hungary’s PM turn on George Soros?
The US and China recently struck a deal to de-escalate a major trade war which has seen both sides impose tariffs on billions of dollars worth of exports.
But Mr Soros said President Xi’s had stifled China’s economy, while Mr Trump had “overheated” his.
“US stock markets are high but can’t be kept at boiling point for too long.”
Mr Soros, a Jew who survived Nazi occupation by forging identity documents, became infamous for his involvement in the devaluation of the British pound, known as Black Wednesday.
But it is his philanthropic and political activities that have made him a divisive figure in the US, Europe and beyond.
He has spent billions of his own money funding human rights projects and liberal democratic ventures around the world, and has become a frequent target for criticism by right-wing groups due to his support for liberal causes.
Much of the criticism aimed at him has been criticised as having anti-Semitic undertones.
The financier, who is a regular at the elite World Economic Forum, said his new university network would help promote “critical thinking” in an age of intolerance.
The move will be seen as a riposte to Hungarian President Victor Orban, who has repeatedly tried to shut down the Central European University, a private institution set up by Mr Soros in the country in 1971.
Mr Orban’s populist nationalist government claims Mr Soros has a secret plot to flood Hungary with migrants and destroy the nation, an accusation Mr Soros denies.
Mr Soros said the network would be “the most important and enduring project of my life and I should like to see it implemented while I am still around”.
BRUSSELS, Dec. 16 (Xinhua) — China and Europe are partners, not rivals, Chinese State Councilor and Foreign Minister Wang Yi said in a speech here on Monday evening.
“In recent years, we have heard an argument suggesting that China has become a rival of Europe in the economic field and should be subjected to all sorts of restrictions,” Wang said while speaking at an event hosted by the European Policy Center, a think tank.
“Although it is not the mainstream view, we must raise our vigilance and not allow it to go unchecked. In fact, any cool-headed person with an objective view will see that, for China and the EU, cooperation far outweighs competition, and our areas of consensus far exceed differences. We are partners, not rivals,” he said.
Over the years, Europe has benefited tremendously from cooperation with China, Wang said.
Between 2001 and 2018, EU’s exports to China grew by 14.7 percent on average each year, more than twice the EU’s average export growth, supporting about four million local jobs. Investment of Chinese companies in the EU has also been growing. As of the end of 2017, Chinese companies have set up over 2,900 ventures in EU countries through direct investment, creating 176,000 jobs for the local people, according to Wang.
Acquisition of Volvo by China’s automaker Geely injected new energy to the Volvo factory in Ghent, Belgium, retaining and creating over 6,000 jobs, said the senior Chinese official, noting that China is now the most profitable market for European companies — as many as 7 million cars, or nearly a quarter of all automobiles sold in China, are produced by European automakers.
Wang said that despite trade friction and the world economy in downward pressure, economic and trade cooperation between China and the EU has bucked the trend and kept growing.
He pointed out that in the first 11 months of this year, trade between China and the EU, according to statistics, was estimated to grow by 7.7 percent from last year. From January to July, EU investment in China was up by 18.3 percent year on year, and sixty percent of EU companies regard China as a leading destination of investment.
China, as a major developing country with some 1.4 billion people, a 900-million-strong labor force and 120 million market entities, has solid internal growth momentum, great resilience, and enormous economic potential, said Wang, adding that China is bound to offer a new round of cooperation opportunities and share the development dividend with countries in Europe.
(Reuters) – Asian companies dominate the market for electric vehicle (EV) batteries and they are expanding their production capacity in Europe, China and the United States in a fight to win lucrative contracts from global automakers.
Some carmakers worry, however, there won’t be enough batteries for all the EVs they plan to launch in the coming years and a bitter row between South Korea’s SK Innovation and LG Chem risks exacerbating the potential shortfall.
Below are details of the world’s leading EV battery makers with details of their customers and expansion plans:
CATL
China’s Contemporary Amperex Technology (CATL), the world’s biggest EV battery maker, counts BMW (BMWG.DE), Volkswagen (VOWG_p.DE), Daimler (DAIGn.DE) – which makes Mercedes cars – Volvo, Toyota Motor Corp (7203.T) and Honda Motor Co (7267.T) among its customers.
The company emerged as a major force partly thanks to Beijing’s policy of only subsidising vehicles equipped with Chinese batteries in the world’s biggest EV market. Beijing is phasing out EV subsidies next year.
CATL, which operates factories in China, is building its first overseas plant in Germany and is considering a U.S. factory.
Japan’s Panasonic, a supplier of U.S. EV pioneer Tesla (TSLA.O), said it has installed equipment to ramp up production at Tesla’s Nevada plant to 35 GWh from its current production of around 30 GWh as of late October. Panasonic has said it is investing about $1.6 billion in the factory.
Panasonic also produces EV batteries in Japan, China and plans to shift some of its plants to a new joint venture with Toyota. Panasonic’s clients also include Honda and Ford Motor Company (F.N).
China’s BYD, which is backed by U.S. investor Warren Buffett, is also one of the world’s biggest EV battery makers. It mainly uses them in-house for its own cars and buses. BYD said last year it is was considering cell production in Europe.
The South Korean firm was an early industry mover, winning a contract to supply General Motor’s (GM.N) Volt in 2008. It also supplies Ford, Renault (RENA.PA), Hyundai Motor (005380.KS), Tesla, Volkswagen and Volvo.
It is investing 3.3 trillion won ($2.8 billion) to build and expand production facilities near Tesla’s plant in Shanghai. It has a joint venture (JV) in China with Geely Automobile Holdings (0175.HK), which makes Volvos, and is in talks with other carmakers about JVs in major markets.
The firm is considering building a second U.S. factory in addition to its facility in Michigan and is expanding its plant in Poland.
SAMSUNG SDI CO LTD (006400.KS) Samsung SDI an affiliate of South Korean tech giant Samsung Electronics (005930.KS), has EV battery plants in South Korea, China and Hungary, which supply customers such as BMW (BMWG.DE), Volvo and Volkswagen. Samsung SDI is investing about 1.2 billion euros ($1.3 billion) to expand its factory in Hungary though the EU is investigating whether Budapest’s financial support complies with the bloc’s state aid rules.
Samsung started production last year on the Hungary plant, which will produce batteries for 50,000 EVs a year.
SK INNOVATION CO LTD (096770.KS) LG Chem’s cross-town rival SK Innovation supplies batteries to Volkswagen, Daimler and Kia Motors (000270.KS), as well as Jaguar Land Rover [TAMOJL.UL] and Ferrari (RACE.MI).
An oil refiner that came to the battery industry late, SKI is investing about $3.9 billion to build three plants in the United States, China and Hungary, with a goal of expanding its annual production capacity to 33 GWh by 2022.
SKI currently operates one battery factory in South Korea, with a capacity of 4.7 GWh annually.
It set up a joint venture with Beijing Automotive Industry Corporation (BAIC) of China in August 2018 and another Chinese partner. It is in talks with Volkswagen about another battery JV and is building a $1.7 billion factory in the U.S. state of Georgia, not far from Volkswagen’s Chattanooga plant.
Image copyright GETTY IMAGESImage caption Port Talbot employs just under half of Tata’s 8,385 UK workforce
Tata Steel plans to cut as many as 3,000 jobs across its European business in another bid to come to terms with a “severe” international steel market.
The company wants to focus on higher-value products, it said, adding there would be no plant closures.
About two thirds of the job cuts will be office-based, it added.
The announcement comes after a merger with German rival Thyssenkrupp was blocked during the summer. Bosses had hoped the deal could reduce costs.
“Today we are highlighting important proposals towards building a financially strong and sustainable European business,” said Henrik Adam, chief executive of Tata Steel in Europe.
“We plan to change how we work together to enable better cooperation and faster decision-making. This will help us become self-sustaining and cash positive in the face of unprecedented severe market conditions, enabling us to lead the way towards a carbon-neutral future.”
The business employs about 20,000 people and is owned by India’s Tata.
Port Talbot steelworks employs just under half of Tata’s 8,385-strong workforce in the UK.
Wales’ economy minister Ken Skates said: “I am seeking an urgent conversation with Tata to establish what this means for workers in Wales and how we can support those affected by this announcement.”
It also said it would seek to “preserve thousands of jobs in a key foundation industry for the UK” but did not put a number on how many would be saved.
British Steel employs about 4,000 people in Scunthorpe and Teesside.
Image copyright GETTY IMAGESImage caption A worker applying a capping layer to a landfill site in Hangzhou
China’s largest dump is already full – 25 years ahead of schedule.
The Jiangcungou landfill in Shaanxi Province, which is the size of around 100 football fields, was designed to take 2,500 tonnes of rubbish per day.
But instead it received 10,000 tonnes of waste per day – the most of any landfill site in China.
China is one of the world’s biggest polluters, and has been struggling for years with the rubbish its 1.4 billion citizens generate.
How big is the landfill site?
The Jiangcungou landfill in Xi’an city was built in 1994 and was designed to last until 2044.
The landfill serves over 8 million citizens. It spans an area of almost 700,000 square metres, with a depth of 150 metres and a storage capacity of more than 34 million cubic metres.
Until recently, Xi’an was one of the few cities in China that solely relied on landfill to dispose of household waste – leading to capacity being reached early.
Earlier this month, a new incineration plant was opened, and at least four more are expected to open by 2020. Together, they are expected to be able to process 12,750 tonnes of rubbish per day.
The move is part of a national plan to reduce the number of landfills, and instead use other waste disposal methods like incineration.
The landfill site in Xi’an will eventually become an “ecological park”.
The country had 654 landfill sites and 286 incineration plants.
It is not clear what China’s recycling rate is, as no figures have been released. China plans to recycle 35% of waste in major cities by the end of 2020, according to one government report.
This July, sorting and recycling rubbish was made mandatory in Shanghai – leading to “a sense of panic” among some residents.
CHINDIA ALERT: You'll be living in their world, very soon 