china

China has presented its X-36 aircraft to dominate the air. And then he took him to a secret base where the real surprise was.

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The public appearance of the J-36 and later a “twin”, marks a turning point in Chinese military aviation, placing Beijing in a direct race for air supremacy in the 21st century. Until just a few years ago, the US lead in stealth fighter development seemed assured. However, the new Chinese platforms, first shown on flights captured without censorship and now visible in satellite images in a secret base near Lop Nur, indicate that China has not only advanced in technology: it has decided to demonstrate it. The sixth generation. It became official on October 31, 2025, when several videos shared on chinese social networks and internationals showed what was identified as the new J-36 stealth plane 6th generation Peking flying in formation with a J-20probably the two-seat J-20S, near the Chengdu Aircraft Corporation facilities. The disclosure deliberate imagesoperational integration with J-20S fighters already in service and the parallel deployment of two different sixth-generation designs suggest that China is not simply testing isolated prototypes, but rather building a deeply interconnected aerial ecosystem, conceived to coordinate manned fighters, heavy stealth platforms and swarms of advanced drones in penetration, supremacy and airspace control missions in highly defended theaters. Design break. The J-36the most visible and talked about aircraft, stands out for its queueless configurationa trait extremely difficult to stabilize without advanced algorithmic and computational assistance. Its wide fuselage, long chord wings and air intakes positioned both on the top and on the sides indicate an absolute priority: minimize the radar signal from any angle and operate for long periods within denied zones. This type of design, compared by analysts to a crossover between stealth fighters and bombersis not only aimed at air-to-air combat, but rather at acting as a tactical node in the air: monitoring distributed sensors, coordinating unmanned platforms and providing range and persistence in deep missions. The evolution between the prototype seen in December 2024 and the one shown in 2025 (with modifications to nozzles, landing gear and control surfaces) aims for rapid iteration and a high testing rate, characteristic features of aeronautical industries with mature design cycles. The J-20S bridge cone. He use of the J-20Sthe two-seat variant of the Chinese fifth-generation stealth fighter, as an escort and supervision platform in mixed flights with the J-36it is not a minor detail. The additional cockpit of the J-20S is optimized to manage sensors, data links and control of autonomous systems, making it the “human piece” that oversees what will, in the future, become increasingly automated. This pairing reflects the American operating concept for your NGAD programin which a very high-level fighter does not replace existing models, but rather coordinates and amplifies them. China, similarly, appears to be preparing mixed attack packages: the J-36 opens the way and establishes an information bubble, the J-20S protects and directs, and unmanned platforms execute saturation, deception or attack. Installation near Lop Nur Satellite image providing an overview of the entire facility near Lop Nur, as seen on November 3 Chinese Area 51. And after the show, the J-36 was stored in an unknown location until a few hours ago. The appearance of another prototype alongside the J-36 (the smaller but still heavy one called like J-XDS) at a remote base near the historic Lop Nur nuclear site revealed something crucial: China is transferring the testing phase from manufacturer facilities to an advanced experimentation center, similar in purpose to the US Area 51. The track of more than 5 kilometersnew hangar installations, expansions and projects under construction suggest an environment designed for intensive testing of sensitive systems, stealth operations and doctrine validation. That both models were parked outdoors, knowing that they would be captured by commercial satellites, reinforces the interpretation that Beijing seeks to show capacity and leave it to Western intelligence to fill gaps and debate roles, sizes, engines, automation levels and actual missions. Put another way, ambiguity is part of the strategy: forcing the United States, Japan, South Korea and Australia to prepare for several simultaneous scenarios, which disperses resources, planning and budgets. A future combat ecosystem. The key does not lie only in manned aircraft. China is expanding rapidly parallel programs from autonomous and collaborative stealth drones, from naval UCAVs like GJ-11/21 to operate from aircraft carriers to “loyal wingman” type CCAs of similar size to that of a light fighter, planned for accompany the J-36 such as range multipliers, sensors and ammunition. The goal is to create a spectrum of interdependent systemswhere the sixth-generation fighter acts as the aerial brain, while swarms of drones execute risky tasks, absorb fire, open access corridors and saturate long-range defenses. This, in theory, fits directly into Western Pacific scenarios, where any operation requires penetrating dense and deeply integrated networks of surveillance, over-the-horizon radars, satellites and naval missiles. A challenge for Washington. The presentation and the transfer of evidence to one top secret base They underline a reality: China is not building a single aircraft, but rather preparing a complete doctrinal architecture to contest (not just balance) American air superiority. For the United States, Japan and allies, the concern arises not only from technical progress, but from the calendar. Washington plans to deploy its first NGAD fighters towards 2030, but Beijing is already flying prototypes in experimental operational configuration accompanied by mature fighters. Yeah the J-36 or that twin pragmatic J-XDS reach levels of availability and credible doctrine sooner, the aerial map of the Pacific could undergo a profound transformation. What for decades was a question of “whether China would reach the fifth generation” has now become a different and much more pressing question: what the hell will air combat look like in the next decade. Image | Planet Labs, Chinese Social Media In Xataka | China appears to be molding a huge stealth aircraft called the J-36. This image is emerging as proof of his ambition In Xataka | We have been tying ribbons to suitcases for years to identify them at the airport. Your employees warn that it is a bad idea

There is a new chapter in the Nexperia soap opera, one in which China wins the game

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There are new developments in the chip war between the Netherlands and China, which has the company Nexperia at the center. After a tense escalation and the blockade that threatened to paralyze factoriesthe situation has improved after the meeting between Trump and Xi Jinpingbut there is something else. Almost at the same time, Nexperia China made a decision that changes everything: they will take care of the manufacturing of all the chips without depending on Holland, which would mean the definitive divorce from what was their headquarters. A divided company. Since last October 13 The Dutch government decided to take control of the companyNexperia split in two and was caught between two pieces of legislation. On the one hand, the headquarters in Holland controlled by the Dutch government and on the other its subsidiary in China, which The Chinese government banned the export of components. What followed was an increasingly tense exchange: the Chinese subsidiary broke ranks with the parent company and began to act independently and then from Holland They stopped supplying wafers for their chips as “a direct consequence of the recent failure by local management to comply with contractually agreed payment terms.” The automobile sector was shaking in the face of supply cuts and warned that factories could be paralyzed. Nexperia China. In a statement published by Beijing Dailydescribe the accusation as completely false and affirm that, not only have they not breached the contract, but that the Dutch parent company owes them 1,000 million yuan (about 122 million euros). They continue: “The unilateral suspension of supply by Nexperia completely ignores the interests of customers, seriously violates contractual agreements and the principles of business cooperation, seriously damages customer trust and constitutes an extremely irresponsible act.” Full China. Nexperia China will continue to operate independently and they assure that they have enough stock to supply their international customers “until the end of the year and beyond.” Furthermore, before the controversy Nexperia was already responsible for 70% of production; What Europe supplied them was mainly the wafers or wafers. Nexperia China says in its statement that they are “accelerating verification of new wafer capacity,” the key component to its full independence. The meeting. In it statement issued by the White House Following the meeting between Trump and Xi Jinping, it is said that “China will take appropriate measures to ensure the resumption of trade from Nexperia’s facilities in China, allowing production of critical legacy chips to reach the rest of the world.” That is to say, the blockade is coming to an end, the curious thing is that at no time does it mention anything about Holland or Europe. Nexperia Netherlands. The Dutch headquarters welcomed the agreement between the presidents of both nations, but did not comment on the Chinese subsidiary’s intention to accelerate its industrial independence. If Nexperia China finally completes its total spin-off, the European subsidiary could end up being a kind of ghost company empty. Images | Nexperia In Xataka | In its race to make advanced chips, China has tried to copy ASML. It’s going wrong

These are just two examples of how China is buying Europe

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For more than a decade, Chinese capital has been buying hundreds of European companies, one after another. Centenary brands, technological leaders, industrial jewels. A map of acquisitions that has changed the ownership of some historic companies. This is the x-ray of the main European companies that are in Chinese hands, sector by sector. Automotive The Swedish and Italian assault. The automobile sector has been one of the main objectives from the beginning. Technology and robotics The German jewel. China has targeted strategic technology companies, especially in robotics and engineering. Agribusiness The Swiss giant. One of the largest Chinese acquisitions in Europe, and in the world. Energy and infrastructure Ports and nuclear. China has invested in strategic energy and port infrastructure assets. In some cases it remained an attempt that did not bear fruit. Tourism and hospitality The European tourism and hospitality sector has also attracted Chinese capital: Luxury goods and fashion European luxury brands have been another strategic target. Lanvin (France): Fosun acquired the French fashion house, one of the oldest haute couture brands in the world, in 2018 for an undisclosed amount. Time after adapted the name of its fashion division. Telecommunications A sensitive sector where operations have encountered more resistance. Also in Spain. Missing? Sectors such as banking, where Chinese acquisitions have been more limited by regulation, and defense, practically shielded. Also the pharmaceutical sector, where they have barely achieved important operations. The context. This shopping list is a good reflection of the Chinese strategy of the last 15 years: Access to technology. Global brands. And strategic positions in Europe. But the panorama has changed. Large acquisitions have given way to ground-up investment, especially in electric vehicles, concentrated in countries like Hungary that offer tax advantages and somewhat more regulatory laxity. BYD is a great example. Just like CATL. turning point. Europe is tightening its surveillance now that China changes tactics. Spectacular purchases have been reducing. Now is the time for new factories, electric cars and a subtler battle for the continent’s industrial future. In Xataka | Alibaba’s strategy with AI is very simple: achieve the same thing that Google achieved with Android Featured image | Luca Massimilian

China has a gigantic desert in Tibet with countless hours of daylight. And he’s filling it with solar panels

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A year ago we had in Xataka how a huge solar park in the Chinese province of Qinghai, in the heart of the Tibetan plateau, served as an ecological experiment: under the panels, the shade retained moisture and made vegetation sprout in the middle of the desert. Today, that same place – the Talatan Solar Park – has become something much greater. It is the largest clean energy facility on the planet, a “blue sea” of silicon that already covers more than 600 square kilometers at three thousand meters above sea level. Where before there was nothing, China is lifting an energy ecosystem without comparison in the rest of the world. The scale has multiplied. Where last year there was talk of a 1 gigawatt solar park, today a complex extends that reaches 15,600 and 16,900 megawatts and continues to expand. Its area – between 420 and 610 square kilometers – is seven times that of Manhattan. Furthermore, it is not alone since 4,700 megawatts of wind energy and 7,380 megawatts of hydroelectric dams are deployed around it, completing an unprecedented hybrid system. The result: enough renewable energy to supply almost all of the plateau’s needs, including the data centers that power China’s artificial intelligence. According to CleanTechnicaevery three weeks China installs as many solar panels as the entire capacity of the Three Gorges Dam, the largest hydroelectric project in its history. A global clean energy laboratory. The Tibetan plateau, with its pure, cold air, has become the most ambitious energy laboratory in the world. There, China is experimenting with an electricity production model based exclusively on renewables. Electricity generated in Qinghai—40% cheaper than coal, according to the NYT— powers high-speed trains, factories, electric cars and data centers. In fact, the region is home to new computing centers dedicated to artificial intelligence, which consume less energy thanks to the altitude and low temperatures. “Hot air from servers is used to heat other buildings, replacing coal-fired boilers,” explained Zhang Jingang, vice provincial governor. In the words of Professor Ningrong Liu, in his column for the South China Morning Post: “China is not only leading the transition to green energy; it is building the 21st century energy scaffolding that sustains its industrial leadership in electric vehicles, batteries and solar technology.” Three sources that beat in unison. The magnitude of the project is only possible thanks to centralized planning that combines three main sources: solar, wind and hydroelectric energy. During the day, Talatan panels capture more intense solar radiation than at sea level; At night, thousands of wind turbines collect the cold breezes that sweep across the plains. When both systems fluctuate, hydroelectric dams balance the grid. Also, from the New York Times They described a system reversible pumping: excess solar energy during the day is used to raise water to reservoirs located in nearby mountains, which release that water at night to generate electricity. And under the panels, life returns. The shade of the plates reduces evaporation and soil erosion. According to China Dailythis year the vegetation has recovered up to 80% and 173 villages have benefited from the associated livestock farming. A local shepherd, Zhao Guofu, said: “My flock has grown to 800 sheep and my income has doubled since I grazed between the panels.” The perfect geography for the sun. No other country has taken solar generation to similar altitudes. The altitude plays in favor of physics, at 3,000 meters the air contains fewer particles that block light and the low temperatures reduce the thermal loss of the panels. This efficiency is multiplied in Qinghai, one of the few areas of the Tibetan plateau with large plains, where it is possible to build without the limits of the mountainous relief. The Talatan Desert, once an arid and worthless land, has become an energetic jewel. local authorities offer symbolic leases and have developed roads and high-voltage lines connecting the plateau with the industrial centers to the east. That energy travels more than 1,600 kilometers to factories and cities. According to CleanTechnicaChina already operates 41 ultra-high voltage transmission lines, some longer than 2,000 miles and up to 1.1 million volts. The global scale: no one comes close. Other countries have tried to generate clean energy at altitude, but with modest results. Switzerland, for example, inaugurated a small solar park in the Alps, at 1,800 meters, with barely 0.5 MW. For its part, in the Chilean Atacama Desert, a 480 MW project operates at 1,200 meters. By way of comparison, the Talatan complex multiplies the capacity of the Bhadla Solar Park in India, and for more than seven that of the Al Dhafra Solar Park in the United Arab Emirates, which until recently held records. The superpower of clean energy. China produces and consumes more renewable energy than any other country on the planet. In 2024, was responsible of 61% of new solar installations and 70% of global wind power. That same year, it achieved the capacity targets it had set for 2030. In the first six months of 2025added 212 GW solar and 51 GW wind, and the country’s carbon emissions fell for the first time. In this context, Talatan Park is both a symbol and an infrastructure. China is exporting its renewable technology around the world, from Asia to Africa, following the logic of Belt and Road Initiative. For the academic Ningrong Liu: “China wants to stop being the world’s factory to become the engine of the world’s factory.” It is not just about manufacturing panels, but about selling the complete model: engineering, financing and know-how to build green networks in other countries. The less visible side of the miracle. It’s not all clean energy and pastoral harmony. In its report, The New York Times recalled that access to Tibet remains strictly controlled by the Communist Party, and that Western media were only allowed to visit Qinghai on a government-organized tour. There are also human and environmental costs. CleanTechnica documents how the giant power lines that transport energy from west … Read more

The Japanese Shinkansen was the fastest train in the world until China defeated it. The reason: the “piston effect”

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In a very summary way, the piston in a four stroke engine It is responsible for moving the air inside to compress it and facilitate the burning or explosion of the fuel or to push it out of the combustion chamber. That is, it is dedicated to pushing the air up or down. Now imagine a train arriving in a tunnel at more than 300 km/h. Suddenly, the train goes from being outside to moving the air inside the tunnel. To push it to the bottom. Your movement It would be very similar to that of a piston. The train moves in a straight line and around it the tunnel would behave like a combustion chamber. That doesn’t seem like a problem. It doesn’t seem like it if we think that the air is simply pushed to the outlet where it is released without further problem. It’s also not a problem if your high-speed lines run over a bridge more than 100 kilometers long. But if you are a mountainous country and you have made the railway your star medium to move millions of people hundreds of kilometers an hour. Yes, you have a problem. Because the piston effect is pure physics and solving it to gain speed is not being easy. When they were the best In 1964, while Spain began to open up to the world, Abebe Bikila won his second Olympic Marathon in the streets of Tokyo. He did it wearing Puma Osaka shoes.nothing to do with the famous 42,195 meters that he covered barefoot in Rome to win four years before. We do not know if Bikila took that first Shinkansen that linked the cities Tokyo and, precisely, Osaka. The bullet train had begun to operate in Japan that same year, promoted by the Olympic Games in the Japanese capital. Then, the two cities were linked by a train that reached peaks of 210km/hbecoming the first high-speed line in the world. More than 60 years later, Japan is no longer the country with the highest number of high-speed kilometers of the world. Today it is China. It makes sense, taking into account that the country is huge, so if this means of transportation were promoted, sooner or later they would surpass their neighbors. Spain, by the way, also surpassed Japan in this area years ago. But it is very likely that something else has hurt Japan more. China is making the bullet train its flag. Its latest advances with the maglev, which levitates thanks to very powerful magnets to avoid friction with the track, has reached a combined speed of 896 km/h at the intersection of two CR450 trains. The problem for Japan is that China has a lot of money. And if it is necessary to build eight of the 10 longest bridges in the world to solve geographical accidents, they get to work. Japan has to deal with a lot of mountains and a more traditional system: tunnels. And that when you want to make a train pass at very high speed is quite a problem. When a train fully crosses the threshold of a tunnel, what is known as piston effecta problem that prevents increasing the walking speed further. The consequences are as simple as they are serious: loud explosions, breakage of equipment… and the eardrums of passengers. Upon entering the tunnel, the air is compressed and the movement of the train moves it towards the exit. However, some of that air rebounds and generates pressure changes that can be especially painful for passengers, even affecting their middle ear. When moving outside, a pressure wave is created that moves at the speed of sound and when the train leaves the tunnel, a shock wave and a sound explosion are created that, it is calculated, can be heard 400 meters away. It is known as tunnel boom. Japan is now experiencing a problem carried over from the past. Their trains are wider than the European ones but their tunnels are narrower. This was to reduce infrastructure costs but also to run less risk of landslides in the event of an earthquake. At first this was not a problem but when the speed of the trains increased they realized that they could not continue moving. In China, trains also use wide tracks like their neighbors but since they do not preserve inherited structuresthe new tunnels built are wider. This reduces the void effect produced with the entry of the train into the tunnel and, therefore, mitigates the problems for passengers. Furthermore, as less resistance is generated when the train passes, energy expenditure is also reduced. The solution for the Japanese is not simple. On the Tokaido Shinkansen, the first high-speed line (the one that connects Tokyo with Osaka), 13% of total kilometers They run inside tunnels. But the Sanyo Shinkansen line runs through tunnels half of the time. and he Hokkaido Shinkansen which is under construction (this line is only partially open) contemplates the roofing of 80% of the layout. The most effective solution that has been found to the problem is to produce trains with a very long and sharp nose. The aerodynamics tries to imitate the beak of the Kingfisher that can dive into the water generating minimal splashes. Following the same concept, the longer and sharper the nose of the train, the less resistance the train encounters at the entrance and the more gradually the pressure wave is generated. The other solution has been expand the section of the tunnel at its entrance. The “door” is wider and also has side openings that allow part of the air to escape. air moved by the train. This escape route generates a lower pressure wave, allowing the train not to cause unwanted discomfort to passengers and to travel faster. It has even been thought of hermetic trains with controlled pressure. During its tests, Japan continues to search for trains that can reach a top speed of 400 km/h. However, the structures inherited from … Read more

China no longer plays in its favor

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Apple has closed its fiscal fourth quarter of 2025 with $102.5 billion in revenue, surpassing the psychological barrier of $100 billion in a quarter for the first time. Earnings per share have reached $1.85, 13% more than a year ago. Wall Street expected less, so the stock is up 4% outside market hours It is the best quarter in Apple’s history. It is also the one that best exposes its dependence on China. Why is it important. Apple is already worth more than $4 trillion, the third company to reach that valuation after NVIDIA and Microsoft. Its results affect hundreds of suppliers in its production chain. But the growth of the iPhone, which still accounts for half of its revenue, has slowed. China is both a threat and an opportunity: If you regain traction there, the rally continue. If not, services will have to compensate more and more. And they are not infinite. Yes, but. ‘Greater China’ (a region that includes mainland China, Macau, Taiwan and Hong Kong) is the only region that has fallen compared to the previous year. Revenues in that market have been $14.5 billion, 4% less year-on-year and well below the $16.4 billion expected by analysts. Tim Cook has tried to soften the blow by promising that they will grow again in the first fiscal quarter thanks to the iPhone 17but the numbers sing: Apple is losing ground where it hurts most. Besides, Chinese brands are winning the battle of prestige on their own territory. Manufacturers like Huawei, Xiaomi or Vivo are no longer cheap alternatives and have started to position themselves as premium options, with special emphasis on the former. Apple is no longer the only status symbol in a market that manufactures many of its products. The money trail. The Services division has reached $28.75 billion this quarter, 15% more than last year. It is a historical maximum and the figure that really sustains Apple’s growth. In the full fiscal year, Services have exceeded $109 billion, another record. iPhone: 49 billion (+6%). Services: 28,750 million (+15%). Mac: 8,726 million (+13%). iPad: 6,952 million (practically flat). Home, wearables and accessories: 9,013 million (-0.3%). In this last division are Apple Watch, AirPods, HomePod, Apple TV… Services already represent 28% of total revenues but their very high margin compared to hardware means that they generate close to 50% of operating profit. Services, after all, do not require complex supply chains or rely on product cycles. In detail. The tariffs have cost $1.1 billion in the quarter and are expected to reach $1.4 billion in the next. Kevan Parekh, the chief financial officer who has replaced Luca Maestri, has projected revenue growth of 10% to 12% for the December quarter — the first of Apple’s fiscal year — with iPhone sales growing by double digits. Analysts expected only 6%. Cook has highlighted the “very strong demand” for the iPhone 17, launched in September alongside the iPhone Air. They have also mentioned supply constraints, suggesting that they could have sold more if they had been able to make more. The backdrop. Apple depends on China in two directions: As a consumer market. And as a production center. This double dependence is a geopolitical vulnerability that has become more evident with the trade war. The company has tried to diversify its manufacturing towards India and Vietnambut China remains irreplaceable in the short term. Meanwhile, in China, Apple is no longer perceived as the only aspirational brand. Local manufacturers have improved a lot in design, cameras and software, which leads to an improvement in perceived value. And they’ve done it while Apple navigated years of incremental iPhone updates. Featured image | apple, Li Yang In Xataka | Ode to rounded corners, the visual element that has proven Steve Jobs right once again

First it was the automotive industry, now Europe is going to lose another of its star industries to China

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The lights at the LyondellBasell plant in the port of Rotterdam went out for the last time on a September afternoon. The factory, which produced propylene oxide — an essential raw material for foams, mattresses and auto parts — had just been dismantled. A silent symbol of a fading era. The plant, barely 22 years old, became another victim of a storm that is hitting the European industrial heart: expensive energy, Asian competition and disinvestment. Europe, once a world chemical power, has lost its industrial pulse to China. The perfect storm. The sequence began with the war in Ukraine. The Russian gas cutoff energy prices skyrocketed in Europe and exposed a fatal dependence. “Gas costs in the Netherlands were between 15% and 66% higher than in other European countries,” economist Edse Dantuma explained to NRC. However, the decisive blow came from further east. From that same period, an avalanche of Chinese chemicals began to flood the European market. “During the pandemic, China completed all stages of its chemical value chain without us realizing it,” Manon Bloemer explained.director of the Dutch association VNCI. “Later, with domestic demand stagnant, they began to export their surpluses,” he added. Europe was paying the most expensive energy in the world and, at the same time, facing the lowest prices in history. In the UK, Ineos—Sir Jim Ratcliffe’s petrochemical giant— was forced to lay off staff due to “very cheap” imports from China, made with coal and with CO₂ emissions up to eight times higher. The same symptoms are repeated in Germany. According to ICISGerman chemical production (excluding pharmaceuticals) will fall by at least 2% this year. Economist Christiane Kellermann, from the VCI, warned that “Capacity utilization remains low, even with plants closed. More production shutdowns are coming.” The end of a European era. For decades, Europe was the world’s laboratory. The petrochemical complexes of Rotterdam, Ludwigshafen and Antwerp symbolized the industrial modernity of the continent. But now, warns the joint study by Cefic and Advancythe European sector “faces a historic turning point: structurally higher costs, regulatory overload and investment flight threaten its survival.” According to this report, Europe has lost 30% of its chemical production in the last decade and new investments have been reduced to historic lows. In Germany, Strategy&PwC estimates that chemical investments They have fallen by 90% since seven years ago and profits have been reduced by 12%. Incoming orders are at their lowest level in ten years. “Deindustrialization is no longer a risk, it is a reality,” this research warns. “Neither Europe nor Germany benefit from global growth anymore. Investment decisions are made on other continents.” China, the new epicenter. Meanwhile, the Asian giant is investing on an unprecedented scale. According to Global Datathe country will account for more than 60% of the world’s new petrochemical projects until 2030, with more than 500 plants underway. Analyst Bhargavi Gandham explains that this boom responds to “a deliberate policy of self-sufficiency, supported by cheap financing, state planning and domestic demand.” From Roland Berger point out in a recent report: “China not only produces more; it has become the global price setter in multiple value chains.” The consulting firm identifies unprecedented levels of overcapacity: with such a surplus, China could supply the entire Western market and still retain idle capacity. China’s dominance in petrochemicals reinforces its strategic influence over critical industries—from batteries to fertilizers—a lever of industrial power that Europe no longer controls. Beijing is aware of the problem. According to Bloombergthe Ministry of Industry plans to convert or close obsolete plants more than 20 years old and promote the transition towards advanced chemicals, used in semiconductors, batteries or biomedicine. AND, as detailed by Reutersthe Chinese Government itself called this October to the main producers of plastics and fibers to stop internal “destructive competition” in products such as PTA or PET. But the result, for now, is that the Chinese excess puts pressure on global prices. And Europe, caught between its energy costs and its climate goals, cannot compete. The old continent without defenses. “The system is like a Jenga tower,” Ronald van Klaveren told NRC. “Take away one piece and it holds. Take away three and it collapses.” Every closure in Europe endangers an entire ecosystem of factories connected by pipelines of steam, heat and raw materials. In Rotterdam, Chemelot or the Ruhr, the closure of a plant affects dozens of suppliers. In the industrial regions of the Rhine or Limburg, each blackout translates into hundreds of lost jobs and entire communities in decline, evoking the reconversions of the 1980s. Meanwhile, the political framework moves slowly. In the summer the European Commission presented its “Chemical Industry Action Plan“, that, according to Dutch industrialists“has good intentions but few concrete measures.” The industry is asking for three things: affordable energy, equivalent rules for imports and a competitive tax framework. In Germany, the Helaba bank warns of a “Chinese shock 2.0”: After China joined the WTO in 2001, its exports focused on toys and textiles; Today it competes in machinery, automotive and high-tech chemistry. “The result is enormous pressure on prices,” said economist Adrian Keppler. And in the UK, Ineos Acetyls director David Brooks was more direct for The Guardian: “The UK and Europe are sleepwalking towards deindustrialisation. If governments do not act now on energy, carbon and trade, we will continue to lose factories, talent and jobs.” What’s coming now? Europe wants to reinvent its chemistry, but it does not have the conditions to do so. The Cefic and Advancy report warns that 40% of European plants could close before 2040 if the transition to low-carbon materials and high-value products is not accelerated. To comply with the Green Deal, more than 2 trillion euros in investment would be needed until 2050, according to Consultancy. The problem is that no one wants to invest where energy costs more, the rules change every year and permits take months or even years. Some experts, as Alexander Baumgartner by Roland Bergerbelieve that the way out is to “abandon … Read more

An experiment has put four chatbots from the US and two from China to invest $10,000 in cryptocurrencies. The Chinese are sweeping

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What would happen if you gave GPT-5 $10,000 to invest in cryptocurrencies? What if you gave them to other models at the same time and they competed with each other? That’s just the idea they had in Nof1…and the result is fascinating. Six models investing in cryptos. Those responsible for Nof1 have created Alpha Arena, a new type of benchmark that according to them “gets more difficult the smarter the AI ​​is.” The idea is relatively simple: measure the performance of six cutting-edge models to see how they perform when given $10,000 (real) and invested in cryptocurrencies in real markets. The contenders are the following: GPT-5 Gemini 2.5 Pro Claude Sonnet 4.5 Grok 4 DeepSeek Chat v3.1 Qwen 3 Max DeepSeek has turned his $10,000 into almost $20,000, and Qwen into $15,000, fantastic. GPT-5 and Gemini 2.5 Pro have lost 65% of their value and are both at $3,500. Total disaster. DeepSeek and Qwen triumph, GPT-5 and Gemini sink. The result of these 11 days since this “race” began is fascinating. The two Chinese models, DeepSeek and Qwen, have obtained enormous benefits: in DeepSeek the return is 97% at the moment (it was as high as 123%), while Qwen is not doing badly at 53%. Claude (0.84%) and Grok (-8.2%) are maintaining or losing slightly, but pay attention, because GPT-5 (-65.7%) and Gemini 2.5 Pro (66%) are currently losing two thirds of what they invested. The summary of winners and losers not only shows that positive or negative return, but also something curious: the number of operations. GPT-5 (75 moves) and especially Gemini 2.5 Pro (193!) are extremely restless. Although it does not have to be this way always, those who operate the least are the ones who are earning the most. Crypto fortunes that come and go. For this experiment, the models can invest in six of the most relevant cryptocurrencies on the market: bitcoin, ethereum, dogecoin, ripple, solana and BNB. The models decide whether to take positions in one or several, as well as the amounts and level of leverage. Positions are normally held for a few hours, although in some cases they may be held for days. Learning little by little. All of them have been competing since last October 18 in the “first season” of an experiment that will last until November 3. As explain its creatorsthis first iteration will allow us to obtain the first conclusions about how these models perform in the financial field. Here we come to earn money. The goal is simple: maximize profits and minimize losses (PnL). This first season is just that, because from then on we will apply what we have learned after each season to polish the prompts and add new features to the experiment and thus create models that in theory will perform better and better when investing in financial markets. Algorithmic trading at its best. What these models are doing would be crazy for human investors, especially since all of them not only expose themselves to the volatility of the crypto market, but also multiply it because they make use of the leverage (leverage). With this mechanism one can achieve huge profits much faster, but the risk is also extreme. The models in fact use absolutely extraordinary leverages of 20x or 25x, and can take either short positions (short, you “bet” that the price of an asset will go down) or long (long, you “bet” that the price of the asset will go up). The operation of the benchmark experiment is relatively simple, but it will become more complicated in future seasons. Machines don’t panic. To try to control these risks, the models have clear rules in their prompts regarding risk limits (establishing clear stop loss signals, for example) or confidence in their criteria. And furthermore, they follow them, which allows the models to maintain their position unless these signals occur. Here, by the way, we are talking about medium or low frequency trading: decisions are made in minutes or even hours, not in microseconds. That, the creators say, allows us to answer the question of whether a model can make good decisions if it has enough time and information. Don’t even think about doing it at home.. This experiment is just that, an experiment, and in fact financially speaking it is leaking everywhere. To begin with, because the trial period of this first season is extremely short and does not allow long-term behavior to be evaluated. And finally (among many other things), because the information to which the models have access is very limited. They do not take into account news related to this area and only have numerical data that correspond to average prices and current and historical volumes, and some technical indicators. That information. On the right side DeepSeek v3.1 confesses how it maintains its position because no condition that invalidates it is met, and by clicking on it you can see what it takes into account (value of BTC or ETH, for example) to modify or not modify that criterion. The models tell everything. One of the sections of the interface shows the “Model Chat” where it is possible to see how each model “reflects” on its position. If we click on that reflection we can see all the current and historical data with which he has worked to reach that decision (I maintain my position, I change it) and thus we can find out at all times his reasons for making a move. Just because they win now doesn’t mean they are the best.. Those responsible for Nof1 explain that this is not about declaring the best trading model of the six, because this is just an experiment. As they say, “we are deeply aware of the flaws of this first season, including, but not limited to: response bias, limited sample sizes/lack of statistical rigor, and brevity of the evaluation period.” This experiment will be repeated over different seasons and with new features that will be added to the decision … Read more

China arrives earlier and better

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Just a few days ago, Porsche presented its quarterly results. In the month of Halloween, the numbers were truly terrifying. Hundreds of millions lost, a resounding drop in margins per unit sold and, above all, the feeling that the company is in the middle of a clamp between Europe and China where, in the latter, its toast is being eaten at a devilish rate. The numbers. Loud, if I had to give it a quick qualifier. Let’s review hand in hand with your own numbers: Losses in the last quarter of 967 million euros. Last year it reported 974 million euros in the same quarter. In the first nine months of the year it reported 40 million euros in profit. Last year it reported 4,000 million euros of profit in the same period. The operating margin has completely disappeared. Expected losses at the end of the year of 1.8 billion euros. a clamp. The problem for Porsche is that it has found itself in the middle of a perfect storm. not long ago it seemed like she was ready for that storm. Now everything indicates that is falling on him and he has been caught with a flimsy umbrella and a raincoat that leaks water. Encouraged by its sales in China and a European regulation that has clearly pressed for jumping into the electric car, Porsche put on the table a plan to electrify at a good pace. He porsche taycan was received with a good reception, the Electric Porsche Macan It was to be its first large “mass” electric car and the Porsche Cayenne would delve into the leap to electric. However, the electric Macan has arrived late. At that time, The United States has imposed very high tariffs that have caused a hole in their accounts. The European institutions want to jump to the electric car but customers seem not to want to do it at the pace proposed by politicians and The rich already seem satisfied with the electric cars they bought. The Chinese public has completely changed their focus and now, for them, Luxury is represented by the cars made in China itself.. Looking at the internal market. The paradigm shift in the Chinese market has completely disrupted Porsche’s prospects. Not only in terms of sales, but also in terms of putting a huge brand crisis on the table. For the Chinese, Porsche is no longer synonymous with luxury and the latest technologyit’s just another brand. The company, like many other European brands and the entire Volkswagen Grouphas not known how to adapt to the new reality. The result is that sales in the Asian country have plummeted. Despite the launch of the electric Porsche Macan, in the first nine months of the year, Porsche has sold 26% less than in the same period of 2024. The 32,195 cars sold in China in Q3 of 2025 are very far from the 64,237 cars sold in Q3 2019record year for the company. In the last five years, the drop in sales has been a constant but it has worsened especially in the last two years. China has experienced an explosion of electric vehicles that They are faster and more modern. But, in addition, they put supposed innovations on the market that arrive earlier and better than those presented by the German company. Better and faster. The best example of how China is arriving better and faster is the case of the electric Porsche Macan and Cayenne. The first, as we have said, was delayed for years and that was disastrous in an industry that is advancing at a devilish pace and that, specifically in China, makes cars obsolete in just a few months. To convince the skeptics and eliminate friction with its more classic customers, the Porsche Cayenne has been presented with a wireless charging system and a very digital environment. The problem is that this type of cargo is already offered in China in cars like the Hongqi E-HS9 for years and it hasn’t caught on. On the other hand, ubiquitous screens are no longer surprising, what the public in China is demanding is differential software, extensive integration with services such as the mobile phone and a variety of services that European companies do not seem to understand. The other great incentive is its ultra-fast 400 kW recharge. It must be taken into account that, indeed, in Europe it will be one of the most powerful cars on the market but Porsche is interested in looking at China and there BYD is offering cars with 1,000 kW of power for a fraction of the price. The Zeekr 7X, which is one of Geely’s (owner of Volvo) big bets it will go to 800 kW of power. We already know this. This example of the Zeekr 7X and its 800 kW of ultra-fast charging is just the (pen)latest example. BMW suffered something similar with its Panoramic iDrive. The company announced it in 2023 but will not have mounted it on a street car until the first units of the BMW iX3 hit the streets in the early stages of 2026. When it was first announced, Xiaomi did not have a single car on the street. Today, Your Xiaomi YU7 already has a system very similar to BMW’s big bet. The ability of Chinese firms to adapt to new markets or launch technologies in record time is one of their great assets when it comes to staying ahead of the competition. In fact, we know that from Volkswagen to Toyota have looked for solutions to speed up production times and put their products on the market more quickly and thus be able to compete with an industry that advances at a dizzying pace. We have noticed the consequences of this crazy race to bring more and better cars to the market even in our country. a few months ago we explain in Xataka how companies adapted their cars in record time to European tastes, adapting pre-series units … Read more

China had been testing a mysterious satellite in orbit for years. A counterespionage company has finally revealed what it was

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On October 16, the starry skies of the Canary Islands were illuminated by a spectacular fireball that crossed the sky from south to north. It was not a meteorite, it was a Chinese satellite that until a few days ago had been a complete mystery. A mystery called XJY-7. Since its launch in December 2020, as part of the maiden flight of the Long March 8 rocket, the Xinjishu Yanzheng-7 had been an unknown. China officially described it as a “new technology verification satellite.” Aside from a blurry render, the world knew almost nothing about its configuration, purpose, or capabilities. And although its re-entry was news in itself, the real news is that, just before it disintegrated, an Australian company managed to photograph it in orbit, finally solving the mystery of what it was and what it was doing up there. Counterespionage in orbit. Using its network of satellites to photograph other objects in orbit, the Australian company HEO achieved what ground-based radars could not: take photos of the XJY-7 up close. The images and the 3D model that HEO built from them revealed features that China had neglected to mention. According to the company has declared to SpaceNewsthe satellite was not a simple test platform; It was equipped with “a large radar antenna” and, most tellingly, a Synthetic Aperture Radar (SAR) antenna. It was a spy satellite. SAR is an advanced remote sensing technology that allows high-resolution images of the Earth’s surface to be obtained in any weather conditions, day or night. The “mysterious” test satellite was, in reality, an advanced surveillance and remote sensing satellite. The HEO observations also revealed a fascinating detail about its design: the satellite had fixed solar panels. This forced it to “rotate its entire body” to maintain power generation, a behavior that the Australian company was able to verify through multiple simultaneous observations from different angles. Satellites that monitor satellites. Traditional monitoring methods (ground-based radars and telescopes) are no longer sufficient to monitor the activity of other nations in orbit. HEO uses a network of more than 40 sensors in flight to take satellite-to-satellite images for your clients. When one of its associated satellites passes near a target, it takes a photo of it. It is a “non-invasive flyby method” that offers real photographs where you can see antennas, panels, thrusters and payloads. With this technique, HEO has managed to identify more than 80 space objects before they appeared in any public catalogue. In an environment where satellite constellations are deployed by the dozens, knowing whether an object is an operational satellite, a piece of space junk, or what type of antenna it carries is crucial for intelligence and defense. Mysterious until his re-entry. Ironically, the mystery that surrounded XJY-7 in its useful life also accompanied it in its death, as the United States Space Command never issued a reentry alert. This is “strange” for an object of this size, says expert Marco Langbroek. It is estimated that XJY-7 had a mass of between 3,000 and 5,000 kg. That an object weighing more than three tons bypassed re-entry warning systems highlights the gaps in conventional space tracking. Even worse when it comes to a satellite with secret capabilities. Image | H.E.O.

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