Chinese Economy Watch

That's right.

Economists are good at post-mortem analysis.

Predicting the future is God's business
He wasn't even in Japan when recession struck. The reason he's famous is Nomura got him to analyse what went wrong. Instead of being spoon fed why don't you do some homework on your own . What do you think I've attached his Wikipedia page for ?
 
He wasn't even in Japan when recession struck. The reason he's famous is Nomura got him to analyse what went wrong. Instead of being spoon fed why don't you do some homework on your own . What do you think I've attached his Wikipedia page for ?
Of course he is a scholar worthy of respect.

According to the Wikipedia page, his expertise is in analysis rather than prediction.
 
SHANGHAI (Reuters) - BYD has informed the Chinese regulator it is recalling nearly 97,000 electric vehicles (EVs) for a manufacturing fault involving a steering control unit that could lead to fire risks, the market regulator said on Sunday.

The Chinese automaker is recalling Dolphin and Yuan Plus EVs manufactured in China between November 2022 and December 2023, according to a statement from the State Administration for Market Regulation (SAMR).


BYD did not immediately respond to a request for comment.


The company would ask its dealers to install a physical fix in the recalled cars, the SAMR statement added.

It did not elaborate if any of the affected EVs were exported.

Dolphin and Yuan Plus were BYD's two top-selling models in 2023, which in total accounted for 26% of its 3 million cars sold in the year, according to data from the China Association of Automobile Manufacturers.

The recall is a rare one by BYD of its pure electric and plug-in hybrid cars as the Chinese company grew rapidly to become the world's biggest seller of such vehicles.

It recalled a small batch of Tang plug-in hybrids in 2022 due to a defect in the battery pack that could cause fires.

(Reporting by Shanghai and Beijing Newsroom; Editing by Muralikumar Anantharaman)
 

View: https://youtube.com/shorts/mtj7uYSo9DY?si=4TqGkRNHf044BET2

Morris Garage or MG Motors has come out with a scheme in India where in they sell you the EV at INR 10 lakhs or ~ 12000 USD & rents out the battery in it for INR 3 per km which works out to ~ 3 cents whereas Tata Motors is offering a INR 3 lakh discount on their offerings with 6 months free charging at their power sources / battery points.

The Han don't give you a bargain , the Indian will not rest till he gets a bargain. This is at the roots of the Indo China discord.
 
Recently, the world's largest newly built blast furnace, the No. 2 blast furnace of Tata Kalinganagar (KPO) Steel Plant in India, designed and constructed by China Minmetals' MCC Sidex, has been put into production and successfully produced pig iron.

The No. 2 blast furnace of Tata KPO Steel Plant has an effective volume of 5,873 cubic meters and a designed annual output of 4.375 million tons of molten iron. It utilizes MCC Sidex's efficient, low-consumption, ultra-large blast furnace technology, as well as domestically produced core equipment including high-temperature top-burning hot blast stoves, dry gas dust removal, water slag rotating drums, high-precision coal injection, and efficient environmental dust removal. The project combines local raw material conditions and the client's production operating habits, employing advanced design methods such as full-process 3D design, intelligent P&ID, and modular design to achieve fully digital design, management, and delivery of the project.

1728042345360.webp
 
Recently, the world's largest newly built blast furnace, the No. 2 blast furnace of Tata Kalinganagar (KPO) Steel Plant in India, designed and constructed by China Minmetals' MCC Sidex, has been put into production and successfully produced pig iron.

The No. 2 blast furnace of Tata KPO Steel Plant has an effective volume of 5,873 cubic meters and a designed annual output of 4.375 million tons of molten iron. It utilizes MCC Sidex's efficient, low-consumption, ultra-large blast furnace technology, as well as domestically produced core equipment including high-temperature top-burning hot blast stoves, dry gas dust removal, water slag rotating drums, high-precision coal injection, and efficient environmental dust removal. The project combines local raw material conditions and the client's production operating habits, employing advanced design methods such as full-process 3D design, intelligent P&ID, and modular design to achieve fully digital design, management, and delivery of the project.

View attachment 11184
Why don't you link your sources here ? The only piece of information I managed to mine is this 👇http://www.cisdigroup.com.cn/html/2/competence/ty/18/07/2140.html

& this is dated to 2017. The newly commissioned blast furnace last month has no details whatsoever in multiple articles of any Chinese consultancy firm aiding Tata Steel in setting up & commissioning the said blast furnace.

 
Why don't you link your sources here ? The only piece of information I managed to mine is this 👇http://www.cisdigroup.com.cn/html/2/competence/ty/18/07/2140.html

& this is dated to 2017. The newly commissioned blast furnace last month has no details whatsoever in multiple articles of any Chinese consultancy firm aiding Tata Steel in setting up & commissioning the said blast furnace.


 

September 2024 | Tata Steel​

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On September 20, Tata Steel commissioned India’s largest blast furnace at Kalinganagar, Odisha. With a total investment of Rs 27,000 crore, the Phase II expansion at Kalinganagar will take the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA.

The new blast furnace will significantly boost the plant's overall production capabilities, allowing Tata Steel to meet the growing demands of various industries, including automotive, infrastructure, power, shipbuilding, and defence. It will also provide advantages in specific areas like oil & gas, lifting & excavation, and construction.

With the Phase II expansion, Odisha has emerged as the largest investment destination in India for Tata Steel, with a total cumulated investment of over Rs 100,000 crore in the last 10 years.

“The commissioning of India’s largest blast furnace at Kalinganagar is a momentous occasion for the steel industry, setting new benchmarks in capacity, technology, and sustainability." – TV Narendran, CEO and Managing Director, Tata Steel

kalinganagar-blast-furnace-team_page_desktop_942.jpg
The commissioning team in front of the Blast Furnace
"A key enabler of socio-economic development in the region, the expansion not only strengthens Tata Steel's position as a leader in high-end, value-added steel segments but also showcases our advanced engineering prowess.” - TV Narendran

Highlights of the expansion

  • Crude steel capacity at Kalinganagar to expand from 3 MTPA to 8 MTPA
  • The new blast furnace has a volume of 5,870 m3, and is equipped with state-of-the-art features for long campaign life and an eco-friendly design
  • The blast furnace will utilise four top combustion stoves, a first in India, along with two preheating stoves for optimum specific fuel consumption in hot metal production.
  • In a first for Tata Steel, a dry gas cleaning plant has been installed to maximise energy recovery from by-product gas.
  • The world’s largest Top Gas Recovery Turbine (TRT) of 35 MW power generation capacity will help with the recovery
 

September 2024 | Tata Steel​

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On September 20, Tata Steel commissioned India’s largest blast furnace at Kalinganagar, Odisha. With a total investment of Rs 27,000 crore, the Phase II expansion at Kalinganagar will take the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA.

The new blast furnace will significantly boost the plant's overall production capabilities, allowing Tata Steel to meet the growing demands of various industries, including automotive, infrastructure, power, shipbuilding, and defence. It will also provide advantages in specific areas like oil & gas, lifting & excavation, and construction.

With the Phase II expansion, Odisha has emerged as the largest investment destination in India for Tata Steel, with a total cumulated investment of over Rs 100,000 crore in the last 10 years.

“The commissioning of India’s largest blast furnace at Kalinganagar is a momentous occasion for the steel industry, setting new benchmarks in capacity, technology, and sustainability." – TV Narendran, CEO and Managing Director, Tata Steel

kalinganagar-blast-furnace-team_page_desktop_942.jpg
The commissioning team in front of the Blast Furnace
"A key enabler of socio-economic development in the region, the expansion not only strengthens Tata Steel's position as a leader in high-end, value-added steel segments but also showcases our advanced engineering prowess.” - TV Narendran

Highlights of the expansion

  • Crude steel capacity at Kalinganagar to expand from 3 MTPA to 8 MTPA
  • The new blast furnace has a volume of 5,870 m3, and is equipped with state-of-the-art features for long campaign life and an eco-friendly design
  • The blast furnace will utilise four top combustion stoves, a first in India, along with two preheating stoves for optimum specific fuel consumption in hot metal production.
  • In a first for Tata Steel, a dry gas cleaning plant has been installed to maximise energy recovery from by-product gas.
  • The world’s largest Top Gas Recovery Turbine (TRT) of 35 MW power generation capacity will help with the recovery
Yes but where's there any mention of CISDI being associated with it in any of your links I've quoted here . Point it out for our benefit.
 

QQ20241004-210405.png

I saw the Chinese text, and it was confirmed that the equipment was from a Chinese manufacturer

“宝山”baoshan, the site of China's largest steel mill in Shanghai
 
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