Far East Watch
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Authorities are still investigating the reasons of the explosion, with negligence being suspected as a likely cause. Officials warned that the death toll is likely to climb as search and rescue operations continue.
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So far, America has remained ahead in the new space race. But its biggest rival is making continual steps to catch up. China announced another step in that direction with the unveiling of its first ever reusable five-meter-wide composite propulsion module, announced in a press release on April 11th.
The module was designed by the China Aerospace and Technology Corporation (CASC), the primary state contractor for the Chinese space program. Specifically, it was developed at the China Academy of Launch Vehicle Technology (CALT), which is also known as the First Academy of the CASC. It marks the largest integrated composite structure ever manufactured domestically for China’s aerospace sector. The first prototype was completed in just seven months, from initial design to delivery, underscoring the rapid development timeline.
Composites are becoming a critical feature of modern launch systems. Traditional metal components simply weigh too much. The more structural weight a launch vehicle has to carry into orbit, the less cargo or fuel it is able to carry due to the tyranny of the rocket equation. Composites are significantly lighter while still having the physical properties of metal, allowing for more payloads, or, crucially, more fuel for reentry burns.
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EU lawmakers and countries agreed to double tariffs on foreign steel on Monday, to shield the bloc’s struggling industry from a flood of cheap Chinese exports.
European Union governments and parliament representatives reached a late evening deal to hike levies on steel imports to 50 percent and slash the volume allowed in before tariffs apply by 47 percent.
“The shape and global standing of Europe‘s steel sector are fundamental to our strategic autonomy and industrial strength. We therefore cannot afford to turn a blind eye to global overcapacity reaching critical levels,” commented the EU’s trade chief, Maros Sefcovic.
“Today’s outcome helps bring much-needed stability for our producers to thrive in Europe”.
Russia and China on Tuesday vetoed a U.N. Security Council resolution aimed at reopening the Strait of Hormuz that had been repeatedly watered down in hopes those two countries would abstain.
The vote — 11-2, with two abstentions from Pakistan and Colombia— took place just hours after U.S. President Donald Trump issued an unprecedented threat that a “whole civilization will die tonight” if Iran does not open the strategic waterway and make a deal before his 8 p.m. Eastern deadline. One-fifth of the world’s oil typically passes through the strait, and Iran’s stranglehold during the war has sent energy prices soaring.
“If the Taiwan Strait or the surrounding area of Taiwan will be blockaded, it is almost a 100% of the blockade of the regional energy supply,” Sawyer Mars, Taiwan’s deputy interior minister, said in an interview with Bloomberg News earlier this month. “It’s not only Taiwan’s problem, it’s the whole area’s problem.”
from financialpost.com
As the United States-Israel war on Iran — paused for two weeks on Wednesday amid fresh diplomatic talks — has roiled the global economy for more than a month, Iran and China have seized the opportunity to address a shared gripe about the global financial system.
Their common cause: ending the hegemony of the US dollar.
BEIJING — China’s government said Afghanistan and Pakistan have agreed not to escalate their conflict and to “explore a comprehensive solution” after several weeks of cross-border fighting between the two countries that has left hundreds of people killed.
Foreign Ministry spokesperson Mao Ning said Wednesday that after seven days of peace talks in the western Chinese city of Urumqi under China mediation, all the parties also agreed to keep the dialogue.
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