Anonymous ID: 5ce1da Dec. 30, 2019, 6:37 a.m. No.7662028   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>2175 >>2195 >>2432 >>2580 >>2643

Liu He Coming To America For "Phase One" Deal Signing On Saturday

 

The Phase One trade deal which was "concluded" on Oct 11 may finally be getting signed. According to SCMP, China's Vice-Premier Liu He and chief trade negotiator will lead a delegation to Washington on Saturday, where he is expected to sign the phase one deal that will roll back some current tariffs in exchange for a "best effort" by Beijing to import more US ag products. "Washington has sent an invitation and Beijing has accepted it,โ€ said the anonymous SCMP source, who added that the Chinese delegation is expected to stay โ€œa few daysโ€ in the US until the middle of next week, even though neither side has officially confirmed the trip yet.

 

The signing of a phase one deal during Liuโ€™s trip would mark a point of truce in the bitter trade war between the worldโ€™s two biggest economies, one that is expected to boost global markets and brighten increasingly gloomy outlooks for economic growth. That said, it was back in May when trade talks collapsed just hours before the signing ceremony was set to take place, so one never knowsโ€ฆ

 

President Trump said before Christmas that he would โ€œultimatelyโ€ have a signing ceremony with President Xi Jinping. "We will be having a signing ceremony, yes,โ€ Trump told reporters. โ€œWe will ultimately, yes, when we get together,โ€ he told reporters in Florida. US trade representative Robert Lighthizer said on December 13 that officials from both countries would sign the phase one trade deal "in the first week of January" and it now appears that will be the first weekend of the year, although the Chinese side has never confirmed the date of the signing, and there is appears to be no indication that Trump and Xi will meet in the coming weeks.

 

Meanwhile, as SCMP also reports, Cui Tiankai, Chinaโ€™s ambassador to the United States, said in an interview with state broadcaster CGTN last weekend that Beijing will live up to its trade deal commitments. โ€œI think we have full confidence in our negotiators. So let the two teams do their job,โ€ Cui said. โ€œAnd still they are under the guidance of the two presidents.โ€ China and the US announced an interim deal on December 13 after more than a dozen rounds of on-off negotiations. The development led to both sides cancelling planned new tariffs due to come into effect on December 15. The US also reduced one batch of existing tariffs from 15 per cent to 7.5 per cent.

 

It is thought that as part of the agreement, China will make a huge purchase of US farm goods, as well as significant purchases of other American products. China has remained tight-lipped on the details, with state media only confirming that a deal had been agreed in principle, but that the text needed to be translated, proofread and legally scrubbed. Meanwhile, the Office of the USTR released a comprehensive fact-sheet outlining what it claimed to be in the deal. Lighthizer also took to US airwaves โ€“ in a rare media appearance โ€“ to discuss the contents of the phase one agreement. Lighthizer added, in his interview with CBS, that as part of this, China agreed to buy US$80 billion in agricultural products over two years. Both figures โ€“ astronomical in terms of previous US-China bilateral trading numbers โ€“ led to a deluge of economists trying to establish whether the numbers add up. Unfortunately, as we showed before, they do not.

 

In any case, news that the signing is on deck helped push S&P futures to session highs even though it is "news" that has been priced in virtually every day for the past three months.

https://www.zerohedge.com/markets/beijing-accepts-inviation-liu-he-coming-america-phase-one-deal-signing-saturday

Anonymous ID: 5ce1da Dec. 30, 2019, 7:41 a.m. No.7662391   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>2432 >>2580 >>2643

Japan low altitude satellite registered in Guinness World Records

 

TOKYO (Kyodo) โ€“ Japan's super low altitude satellite "Tsubame" has been registered by the Guinness World Records as having achieved the "lowest altitude by an Earth observation satellite in orbit," the nation's space agency has announced.

 

The satellite flew at an orbital altitude of 167.4 kilometers from Sept. 23 to 30 as part of its test mission from Dec. 23, 2017, to Oct. 1, 2019, compared with the 600 to 800 km zone where most Earth observation satellites operate.

 

Tsubame maintained the record-low altitude for a period of seven days by using its ion engine system โ€“ cultivated by the Japan Aerospace Exploration Agency or JAXA โ€“ and gas-jet thrusters, successfully taking high resolution images and acquiring data on atmospheric and atomic-oxygen density.

 

Since this type of satellite requires a greater amount of propellant than conventional ones, JAXA adopted an ion engine, which utilizes propellant 10 times more efficiently than gas jets, to counter the atmospheric drag.

 

While placing a satellite in the super low orbit can yield more detailed observations of activities on the Earth's surface, operation at an altitude below 300 km is difficult.

 

JAXA said at such altitude the satellite will be exposed to "1,000 times more atmospheric resistance than those at usual altitudes and concentrated atomic oxygen" that would accelerate the deterioration of satellite parts.

 

According to JAXA, the 2017 to 2019 test mission also showed that material it developed is capable of withstanding exposure to atomic oxygen for a lengthy period of time.

 

"I'd like to make use of this achievement toward future science, technology and satellite utilization, and contribute to helping solve as many social issues as possible," said Masanori Sasaki, the Super Low Altitude Test Satellite project manager at JAXA.

 

Tsubame first reached an orbital altitude of 271.5 km last April and gradually descended to the record-low altitude before completing its mission on Oct. 1 and burning up in the atmosphere.

https://mainichi.jp/english/articles/20191230/p2g/00m/0dm/047000c

 

think this is the one they used to "look" for rare earth elements-that they already know about.