1300 km in just 90 minutes: New hyperloop matches speed of Boeing, developed by..., its name is...
1300 km in just 90 minutes: New hyperloop matches speed of Boeing, developed by..., its name is...
China and Japan are known for their super high-speed trains that reduce the travel time from hours to minutes. Now, China has taken a major leap forward in high-speed transportation by developing a hyperloop train. The ambitious project aims to achieve the speed of commercial aircraft. However, the project has its own complications such as long-term feasibility and economic implications. The most recent test of the hyperloop train was conducted in Shanxi Province. An Unprecedented Technological Feat
China has achieved a milestone by conducting full-scale tests of its Hyperloop maglev. The test was conducted in two-kilometre-long tunnel. The test was used to evaluate the integration of several train systems. Hence, the actual speed achieved during these tests has not been disclosed. The authorities put several new technologies to the test, including magnetic levitation navigation control, which allows the train to 'fly' frictionlessly over the tracks.
These tests also demonstrate the Dragon's ability to integrate complex technologies into an advanced transportation system. The use of magnetic levitation was the highlight of tests as it eliminates friction, enabling exceptional speeds. The hyperloop trains will transform the transportation landscape in China and beyond. This also paves the way for a new era of rapid transportation. The Ambitious Goals of the Project
Chinese engineers are very excited about their Hyperloop system. They believe that this next-generation technology will allow trains to literally fly on the ground at speeds comparable to commercial aeroplanes. The Shanxi provincial government and the China Aerospace Science and Industry Corporation (CASIC), are the two major players in the country's technological development, joined hands for the hyperloop project.
The test line for the project is located in Datong province and was constructed in record time from April 2022 to November 2023. As per developers, the test set a new speed record; however, the exact achieved speed is not disclosed. A Promising Yet Uncertain Future
If successful, China will connect its megacities with the hyperloop trains, drastically reducing the travel time. For instance, the journey between Beijing and Shanghai (about 1300 km by train), which currently takes a minimum of 6 hours via super-fast train, could be reduced to just 90 minutes.
However, the project is also surrounded by several complexities and challenges as the engineers are raising questions on the system's feasibility on a large scale and the economic implications. The construction and maintenance cost of such project could be a challenge for the Chinese government. Also, the environmental impact of such advanced technology remains to be assessed.
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Business Standard
41 minutes ago
- Business Standard
"China, India creating a certain new equilibrium," says Jaishankar
External Affairs Minister S Jaishankar while speaking at GMF Brussels Forum 2025 said that there is a complex equilibrium in the world as India and China have risen to power, and these countries also happen to be neighbours. Jaishankar said that apart from border issues, there are trade and economic issues as well. "But be that as it may, you have a rise of China, you have a rise of India now each one is creating a certain new equilibrium between them and the rising power in the world and then a much more complex equilibrium between the two rising powers who also happen to be neighbors and who sometimes have common neighbours as well," he said. "So it is an incredibly complicated matrix and there are different dimensions to it, there's the boundary dimension to it, there's the balances if you would, there are economic issues, trade issues," he added. Jaishankar said that there are concerns as India and China have quite different economic and political models, while some may think that these differences will put each other out. "There are concerns as we are in a way different economic, social values, models political models so when you look at this relationship it's far more textured and complicated than it would appear at first sight where people really think that you have this country and that country and one will balance the other one will set off the other," he said. Jaishankar said that unsettled boundary disputes play a huge role in their relations. "China- I mean it's an obvious fact, but still I have to say- China is an immediate neighbour, okay, it's a neighbor with whom we also have an unsettled boundary. So that's a big factor in our relations," he said. Jaishankar said that China and India have civilisational ties and have had a parallel rise. "We have a situation where China and India, who stand out because they're the only two countries with over a billion people, but also because they are two civilisational states in a way, they have a kind of parallel rise. The Chinese started their modernisation ahead of us because I think we had at that time governments perhaps who didn't do what they should have done in those early years," he said. When Jaishankar was asked if Europe is still naive about China, he said that in the last decade, or 15 years, there has been an evolution. "I would honestly would have said no, but I would caveat that answer. When I've been coming to Europe pretty much continuously now for about 15 years. Europe 15 or even 10 years ago was in a very different place, so I would point to a certain evolution in Europe's position and stance but I would also make the point it's a very differentiated picture," he said. Jaishankar added that not all of Europe has been open to that change, but there have been countries that have been more hard-headed. "Not all of Europe is obviously moving on the same speed and on the same wavelength, so there are some which have a different view, some who are more hard-headed. I would make that distinction vis-a-vis China now," he said. To this, the interviewer said, "It sounds like sort of where we were with Russia 15 years ago as well." "Okay, you said it! I don't disagree," Jaishankar responded, as the audience burst into laughter. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Economic Times
an hour ago
- Economic Times
US stock futures, dollar dip on tariff threat
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads US equity-index futures dipped along with the dollar after President Donald Trump said he will set unilateral tariff rates within two weeks, dialing up trade tensions once again. Oil jumped on tensions in the Middle for the S&P 500 and the Nasdaq 100 fell 0.2% after Trump said he will send letters to countries setting tariff rates within the next two weeks. The dollar weakened against all of its Group-of-10 peers with the yen among the biggest gainers. Gold rose as much as 0.6% on demand for safe havens. Asian shares were mixed at the extended its biggest daily gain since October after the US ordered some staff to depart its Baghdad embassy and allowed military service members' families to leave the Middle East amid rising security risks. West Texas Intermediate rose as much as 1.7% to $69.29 after jumping 4.9% it's unclear if Trump will follow through with his pledge - the president has often set two-week deadlines for actions, only for them to come later or not at all. The comments come a day after Chinese and US officials struck a positive tone following their talks to dial down trade tensions. Amid US talking with countries including India and Japan to lower the levies, some investors see Trump's comments as an effort to ramp up urgency in talks.'Common sense would suggest this is another Trump strategy to increase urgency in trade negotiations,' said Rodrigo Catril, senior foreign exchange strategist at National Australia Bank Ltd. 'Trump wants trade deals and he wants them sooner rather than later.'Stocks have steadied in recent weeks and an index of global equities is hovering near a record after recovering from their lows in April when Trump announced the highest US levies in a century in an effort to rewrite global trade. The MSCI All Country World Index hit a record S&P 500 index fell 0.3% Wednesday and the Nasdaq 100 dropped 0.4% as big tech weighed on US benchmarks. Softer-than-expected US inflation supported the case for Federal Reserve rate cuts, spurring Treasuries higher. A solid $39 billion sale of 10-year debt also helped the bonds. The advance was led by shorter maturities, with two-year yields dropping below 4%.Earlier, Trump said a trade framework with China has been completed, with Beijing supplying rare earths and magnets up front and the US allowing Chinese students into its colleges and universities. The US and China will maintain tariffs at their current, lower levels following the two nations' agreement this week in London, Trump said US core inflation rose in May by less than forecast, suggesting companies are largely holding back on passing higher tariff costs through to string of below-forecast inflation readings adds to evidence that consumers have yet to feel the pinch of tariffs — perhaps because the most punitive levies have temporarily been on pause, or thanks to companies so far absorbing the extra costs or boosting inventory. However, if higher levies set in, shielding consumers from those costs will become more markets projected about two Fed reductions by the end of 2025 as traders boosted bets on a September cut to around 75%.'I don't see evidence in this early report of widespread price increases, but I do expect higher inflation this year as firms react to the tariffs,' said Ronald Temple, chief market strategist at Lazard Asset Management. 'Ultimately, companies will have to swallow some combination of price increases to pay for higher tariffs, cost cuts to offset increased import costs, and/or lower profit margins.
India Gazette
an hour ago
- India Gazette
"China, India creating a certain new equilibrium," says Jaishankar
Brussels [Belgium], June 12 (ANI): External Affairs Minister S Jaishankar while speaking at GMF Brussels Forum 2025 said that there is a complex equilibrium in the world as India and China have risen to power, and these countries also happen to be neighbours. Jaishankar said that apart from border issues, there are trade and economic issues as well. 'But be that as it may, you have a rise of China, you have a rise of India now each one is creating a certain new equilibrium between them and the rising power in the world and then a much more complex equilibrium between the two rising powers who also happen to be neighbors and who sometimes have common neighbours as well,' he said. 'So it is an incredibly complicated matrix and there are different dimensions to it, there's the boundary dimension to it, there's the balances if you would, there are economic issues, trade issues,' he added. Jaishankar said that there are concerns as India and China have quite different economic and political models, while some may think that these differences will put each other out. 'There are concerns as we are in a way different economic, social values, models political models so when you look at this relationship it's far more textured and complicated than it would appear at first sight where people really think that you have this country and that country and one will balance the other one will set off the other,' he said. Jaishankar said that unsettled boundary disputes play a huge role in their relations. 'China- I mean it's an obvious fact, but still I have to say- China is an immediate neighbour, okay, it's a neighbor with whom we also have an unsettled boundary. So that's a big factor in our relations,' he said. Jaishankar said that China and India have civilisational ties and have had a parallel rise. 'We have a situation where China and India, who stand out because they're the only two countries with over a billion people, but also because they are two civilisational states in a way, they have a kind of parallel rise. The Chinese started their modernisation ahead of us because I think we had at that time governments perhaps who didn't do what they should have done in those early years,' he said. When Jaishankar was asked if Europe is still naive about China, he said that in the last decade, or 15 years, there has been an evolution. 'I would honestly would have said no, but I would caveat that answer. When I've been coming to Europe pretty much continuously now for about 15 years. Europe 15 or even 10 years ago was in a very different place, so I would point to a certain evolution in Europe's position and stance but I would also make the point it's a very differentiated picture,' he said. Jaishankar added that not all of Europe has been open to that change, but there have been countries that have been more hard-headed. 'Not all of Europe is obviously moving on the same speed and on the same wavelength, so there are some which have a different view, some who are more hard-headed. I would make that distinction vis-a-vis China now,' he said. To this, the interviewer said, 'It sounds like sort of where we were with Russia 15 years ago as well.' 'Okay, you said it! I don't disagree,' Jaishankar responded, as the audience burst into laughter. (ANI)
