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Tag: China

China Mobile (CHL) Shares Cross Below 200 DMA

Finance
[unable to retrieve full-text content]In trading on Monday shares of China Mobile Limited Symbol CHL crossed below their 200 day moving average of 48 81 changing hands as low as 48 53 per share China Mobile Limited shares are currently trading down about 1 2 on the day The chart below shows the one year performance of Latest Articles in

Volkswagen unveils fully-electric SUV for China market

Technology
Volkswagen is planning to release a fully-electric SUV in China which could compete with Tesla's Model X. The German automaker said Sunday the ID. ROOMZZ will be unveiled at the upcoming Shanghai Auto Show and will be available in 2021. Volkswagen says the zero-emission vehicle can go approximately 450 kilometers (280 miles) before the battery has to be recharged. The concept car includes a fully-automatic driving mode which allows seats to be rotated 25 degrees to create a lounge-like atmosphere. The announcement comes one month after Volkswagen's former CEO Martin Winterkorn was charged by U.S. regulators with defrauding investors during its massive diesel emissions scandal. Volkswagen has said it will boost electric vehicle production to 22 million over the next decade. It made fewer t...
Earthquakes linked to fracking in China

Earthquakes linked to fracking in China

Science
April 5 (UPI) -- Two damage-causing earthquakes have been linked to fracking operations in China's Sichuan Province. The two earthquakes, which originated in the South Sichuan Basin, registered magnitudes of 5.7 and 5.3. Though no one was killed, 17 people were hurt. Farmhouses, barns and local infrastructure suffered $ 7.5 million in damages. When scientists analyzed the seismic data, they traced the earthquakes to shallow origins, between one and six miles beneath the surface. Human activities, including oil and gas extraction, are often responsible for shallow earthquakes. Hydraulic fracturing involves the injection of high-pressure fluids deep into rock, most commonly shale, in order to trigger the release of oil and gas trapped between the rock layers. Often, wastewater left over fr...
Defense Department developing ways to counter Russia, China threats

Defense Department developing ways to counter Russia, China threats

Business
April 4 (UPI) -- The U.S. Defense Department is developing technology, including submarine-launched nuclear-tipped cruise missiles, to counter increasing threats from Russia and China, Pentagon officials told a Senate subcommittee. High-level officials appeared before the Senate Armed Services Committee's strategic forces subcommittee Wednesday to describe the importance of increased defense spending in the Pentagon's budget request for next year. In March, the Defense Department requested $ 718.3 billion in a strategy that "fully recognizes that future wars will be waged not just in the air, on the land, and at sea, but also in space and cyberspace, increasing the complexity of warfare. It modernizes capabilities across all warfighting domains to enhance lethality." Although the spendin...
China clones 'the Sherlock Holmes' of police dogs

China clones 'the Sherlock Holmes' of police dogs

Technology
By Lucia Binding, news reporter Scientists in China have cloned what they call the "Sherlock Holmes of police dogs" in a bid to cut training times and costs.Scientists took DNA from a seven-year-old female named Huahuangma - who has won a series of awards for helping to crack multiple cases - and created a puppy named Kunxun. The Kunming wolfdog is China's first ever police dog clone and has adjusted well to her new environment, according to project analyst Wan Jiusheng."She is friendly to humans, sociable and alert," he told Science and Technology Daily.He said the three-month-old puppy is not scared of the dark or unfamiliar places, and has already developed a strong sense of smell and can quickly find hidden food. Kunxun is said to have be...