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China’s first carrier rocket designed and built by a private company was launched on 17 May from a test base in north-western China. The OS-X suborbital rocket, developed and made by One-Space Technology in Beijing, flew for 306 seconds and travelled 170 miles through the atmosphere before falling back to the ground, the company said.To get more tech news china, you can visit shine news official website.

With a length of 29.5ft and a weight of 7.2 tons, the rocket reached a hypersonic speed of Mach 5.7 (5.7 times the speed of sound, or 1.2 miles a second). It reached an altitude of 24 miles.

The mission verified the rocket’s overall design and reliability, the company said. It fulfilled a long, controllable flight, carrying a payload for Shenyang Aircraft Design and Research Institute, affiliated to Aviation Industry Corp of China, obtaining a great deal of data for the rocket designers and the institute.

The company said the craft adopted several instruments that were new to Chinese rockets, such as the drag-mitigating pole and built-in communications devices.
Inspired by Elon Musk and his legendary company SpaceX, at least four private Chinese companies – OneSpace, LandSpace, LinkSpace and i-Space – have announced plans to develop, make and launch carrier rockets. Through the mission on 17 May, OneSpace has become the first to realise the goal.

Research and development of the OS-X took only one year. OneSpace said its designers and engineers can develop and produce almost all key parts of a rocket, and that many of them have worked for State-owned space contractors.

OS-X’s maximum speed is Mach 20, or 4.2 miles a second. The rocket will be used mainly to conduct proof-of-concept flights for new-concept aircraft or spacecraft developed by OneSpace’s customers to verify their aerodynamic designs. Many domestic institutes have designed new kinds of aircraft and spacecraft, and they need to be tested on top of a rocket to see whether their design will work.

OneSpace, established in 2015, a year now widely deemed as the opening chapter of China’s commercial space industry, has become a rising star in the country’s space arena, which has long been dominated by State-owned giants. Its rapid growth has been possible thanks to the government’s efforts to foster the commercial space sector and encourage participation from private companies.

The company has taken advantage of the government’s measures to get the civilian and defence sectors to work more closely with one another, Shu Chang, founder and chief executive of OneSpace, said at a news conference on 17 May after the launch.
buzai232 Jul 11 '18, 03:02AM
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buzai232 Jul 11 '18, 02:54AM
In 2017, Los Angeles housing prices shattered records, reaching previously unseen heights and eclipsing prices seen in the run-up to the 2007 mortgage crisis.To get more buying homes, you can visit shine news official website.

Does that mean we’re in a real estate bubble?

Not necessarily. A recent report from real estate tracker CoreLogic noted that prices across all of Southern California are still 13 percent below their pre-recession peak, when adjusted for inflation.

The company further predicts that prices in LA County will shoot up a hefty 6.4 percent before the end of the year.

Eric Sussman, adjunct professor of real estate and accounting at UCLA, finds that prediction “bullish,” but says there’s little reason to believe prices will bottom out anytime soon.

He says a lack of supply—rather than the risky lending practices that fueled the bubble of a decade ago—is keeping prices high.

“There are just not that many homes on the market,” Sussman says, noting that a strong rental market may be encouraging some owners to hang on to their properties.So far, a countywide median sale price well over $500,000 doesn’t seem to be deterring buyers.

“Demand continues to be very high,” says realtor Tracy Do, with Compass. Do says that home shoppers looking for anything under $1 million should “be prepared for competition—be prepared for heartbreak.”

She mentions that, even during the holiday season, when buyers tend to be busy with family events, two of her clients received double digit offers on their properties.

Richard Haynes, a broker with Manhattan Pacific Realty, tells Curbed that buyer interest in higher-end properties has begun to cool, but that younger buyers are fueling a particularly hot market for more affordable properties.

“Lower quartile prices keep rising,” he says. “There’s just too much demand.”

Tom Lind, an agent with Nationwide Real Estate Executives who specializes in Mid-City real estate, expects the value of area homes to keep climbing in the coming year.

“A home on the market now may be selling for $50,000 more six months from now,” he says. “The sooner you can get into the game, the better off you are.”Don’t assume you can’t afford anything,” he says, noting that clients are often unaware of what they can buy before sitting down with a lender.

“Once they see what their purchasing power is,” he says, “they’re often pleasantly surprised.”

But that doesn’t necessarily mean first-time buyers should expect to land the home of their dreams. Lind says they’ll have to be ready to enter bidding wars and be willing to take on a bit of extra legwork—researching the market and being prepared to jump at the right opportunity.
buzai232 Jul 11 '18, 02:46AM
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sherrily Jul 8 '18, 06:48PM
New features include all-new bodyguards, a host of new weapons to choose from, revised kill algorithm, anti-cheat measures, Mafia Web Game, city spot objects, the raid feature there are too many to take in all at once added Otto Adang, Lead Designer on Mafia City.

Everybody who signs-up for a free account from July 8th, will be able to enjoy the following new features:

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- A whole bunch of new Mafia Game items, including revamped accommodation and security now upgradeable with fences and guard dogs and other sub-features. These are designed to help offline players hide from incoming bullets. Motorbikes and armoured cars protect players when they are online. New weapons and special weapons like grenades and C4 explosives have also been introduced to increase the impact of an attack.
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beckettett Jul 7 '18, 12:16AM · Comments: 10

Two major auto trade groups yesterday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars.To get more latest car news, you can visit shine news official website.

A coalition representing major foreign automakers including Toyota Motor Corp, Volkswagen AG, BMW AG, and Hyundai Motor Co, said the tariffs would harm automakers and US consumers. The administration in May launched an investigation into whether imported vehicles pose a national security threat and President Donald Trump has repeatedly threatened to quickly impose tariffs.

“The greatest threat to the US automotive industry at this time is the possibility the administration will impose duties on imports in connection with this investigation,” wrote the Association of Global Automakers representing major foreign automakers. “Such duties would raise prices for American consumers, limit their choices, and suppress sales and US production of vehicles.”

The group added: “Rather than creating jobs, these tariffs would result in the loss of hundreds of thousands of American jobs producing and selling cars, SUVs, trucks and auto parts.”

On Friday Trump threatened to impose a 20 percent tariff on all imports of European Union-assembled cars. On Tuesday Trump said tariffs are coming soon. “We are finishing our study of Tariffs on cars from the EU in that they have long taken advantage of the US in the form of Trade Barriers and Tariffs. In the end it will all even out — and it won’t take very long!” Trump tweeted.

The Alliance of Automobile Manufacturers, representing General Motors Co, Ford Motor Co, Daimler AG, Toyota and others, urged the administration in separate comments filed yesterday not to go forward.

“We believe the resulting impact of tariffs on imported vehicles and vehicle components will ultimately harm US economic security and weaken our national security,” the group wrote, calling the tariffs a “mistake” and adding imposing them “could very well set a dangerous precedent that other nations could use to protect their local market from foreign competition.”

The alliance said its analysis of 2017 auto sales data showed a 25 percent tariff on imported vehicles would result in an average price increase of US$5,800, which would boost costs to American consumers by nearly US$45 billion annually.

Automakers are concerned tariffs will mean less capital to spend on self-driving cars and electric vehicles.

“We are already in the midst of an intense global race to lead on electrification and automation. The increased costs associated with the proposed tariffs may result in diminishing the US’ competitiveness in developing these advanced technologies,” the alliance wrote.

Both automotive trade groups cited a study by the Peterson Institute for International Economics that the cost to US jobs from the import duties would be 195,000 jobs and could be as high as 624,000 jobs if other countries retaliate.

buzai232 Jul 3 '18, 11:29PM

South Korea’s Hyundai Motor Co said two new factories in China will produce more environmentally friendly vehicles and models targeting the world’s biggest auto market, as the automaker strives to fend off growing competition from Chinese rivals.To get more china auto news, you can visit shine news official website.

Hyundai said in a statement on Tuesday it has completed its latest Chinese plant, its fourth, in Cangzhou, Hebei province, and will open another one in Chongqing next year. The addition of the two plants-each with annual production capacity of 300,000-will lift the total number of vehicles it can make in China, its biggest market, by about half to 1.81 million a year.

The focus on green cars is part of a new Hyundai strategy for China. The automaker, which ranks third in China sales together with affiliate Kia Motors, has seen its market share fall to 8.9 percent last year-a seven-year low-from 10.4 percent a year earlier as Chinese rivals lured away customers.

“We will accelerate our efforts to achieve a market share of more than 10 percent again with the opening of Cangzhou factory,” Hyundai said. It didn’t disclose how much it’s investing in the new plants.

The South Korean duo will have total production capacity in China of 2.7 million vehicles once Kia’s 890,000 capacity is counted in.

Hyundai said it aims to produce nine green vehicles in China by 2020, targeting 10 percent of its sales in the country by that year, to meet fuel economy regulations and compete with Chinese automakers, which dominate the segment.

The automaker said the new plants will build models of varying sizes to compete with low-cost Chinese rivals.

As part of its new strategy, Hyundai will boost the number of China dealerships to 1,400 by 2020, from 1,000 currently. It also plans to secure dealers in southwestern regions and small cities.

buzai232 Jul 3 '18, 11:21PM

The Shanghai Composite Index retreated 2.5 per cent on Monday, giving up gains from a 2.2 per cent rebound on Friday. Monday’s declines have pushed the broad market to a valuation of 10.3 times forward earnings for the next 12 months on a weekly basis, the lowest since December 2014, according to Bloomberg data. Hong Kong’s market was shut for a public holiday.To get more china market news, you can visit shine news official website.

Large companies, including property developers and insurance companies, paced the declines as traders continued to offload their equity holdings before the release of second-quarter economic growth due out in mid-July, which will provide the first snapshot of China’s economic strength after trade tensions with the US flared up.

While a purchasing managers’ index released over the weekend showed the manufacturing industry was still expanding in June, a sub-gauge of new export orders fell below the line indicating contraction, stoking concern that external demand is weakening.

“All eyes will be on the economic data this month and there’s a lot of downside pressure on the economy on the backdrop of the trade war,” said Wu Kan, a fund manager at Shanshan Finance in Shanghai. “The stock market is still seeking its bottom and we may be pretty close to it now, given the magnitude of the decline in the first half.”
The Shanghai Composite slid 14 per cent in the six months through June, making it the worst-performing benchmark among the world’s major markets, even as its yuan-traded stocks were added to MSCI’s global gauges for the first time in June.

The index lost 71.86 points to 2,775.56 at the close on Monday. The CSI 300 Index of large companies sank 2.9 per cent and the technology-heavy ChiNext gauge tracking growth stocks shed 1.1 per cent.

A depreciating yuan also weighed on equities as the yuan dropped 0.4 per cent against the US dollar to 6.649, the lowest level in seven months.

A gauge of property stocks on the Shanghai Composite tumbled 5.4 per cent, its steepest single-day drop since February, as the rout on the sector continued after the housing ministry said last week it will start a six-month clampdown on the industry and some local governments raised the threshold for home purchases by individuals.

Poly Real Estate Group plunged 9.8 per cent to 11.01 yuan and China Fortune Land Development slumped 7.8 per cent to 23.75 yuan. China Vanke slid 7.3 per cent to 22.80 yuan.

Insurers were also among the biggest decliners on mounting concern declining equities will curb their investment gains. China Pacific Insurance Group sank 6.5 per cent to 29.77 yuan and Ping An Insurance Group Co of China fell 5.7 per cent to 55.22 yuan. China Life Insurance dropped 4.4 per cent to 21.52 yuan.

buzai232 Jul 3 '18, 11:06PM
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WELLINGTON Kendall Wright Vikings Jersey , July 30 (Xinhua) -- New Zealand Tuesday welcomed news that the country would be co-hosting the 2015 Cricket World Cup.

"This gives Christchurch a target to work toward, and signals its re-emergence as a strong tourist and sporting destination capable of hosting world-class events," Sport and Recreation Minister Murray McCully said in a statement Tuesday.

The International Cricket Council (ICC) announced that New Zealand would host half of all pool matches, one quarter-final and a semi-final.

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The New Zealand government will contribute 5 million NZ dollars (3.99 million U.S. dollars) to the tournament.

"This commitment will ensure the 2015 Cricket World Cup lives up to the high standards New Zealand set as a host nation during the Rugby World Cup in 2011," McCully said.

The government's Tourism New Zealand agency said it could now begin planning for the influx of cricket fans and international media.

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Four associate and affiliated members will also compete to qualify in international matches.

Reach Out To More Clients For Your Skin Care Retail Business Now! May 19, 2013 | Author: Bernie MacRos | Posted in Business

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