Whether this is good or bad ..... depends on everybody's own views.
But the implication is that India already may be the 3rd largest export customer of China ... after only USA and Japan.
50 Billion USD of chinese exports go to India; US figure is 220 billion USD and Japan 97 billion USD.
South Korea & Germany would be close .... both around 50 billion USD. (And hence, could be hovering around the 3rd largest customer).
Given the growth in India ... unlike Germany & SK .... it will be funny to see China looking for growth in the Indian economy, for it's export (and eventually, it's own growth).
I know China builds many Indian power plants. In buying Chinese technology, the efficiency of Indian coal plants can almost double from 25 to 42%. You win and we win. Everybody is happy.
Rotor for 1,000MW ultra-supercritical Steam Turbine | China's Great Science and Technology
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Rotor for 1,000MW Ultra-supercritical Steam Turbine
November 9, 2011
China has already manufactured a 12% Chromium high-quality forged rotor for an 1,000MW USC (ultra-supercritical) steam turbine under high pressure.
China’s strategy to meet its greenhouse gas commitment is to continue full steam ahead by converting its coal-fired power plant fleet from a conventional one to an ultra-supercritical one — a move that will decrease its energy intensity from coal-generated power by more than 20 percent.
A coal-fired power plant operates by boiling water to create a high-pressure steam that drives a turbine which produces electricity by moving an electrical wire through a magnetic field.
A conventional (or subcritical) plant typically operates at temperatures up to 1,050 degrees Fahrenheit and has an efficiency of between 33 and 39 percent. Operating a plant at higher temperatures and pressures can increase its efficiency, potentially lowering emissions of carbon dioxide (CO2) in the process.
A so-called supercritical plant operates at sufficiently high pressures and temperatures (between 1,000 and 1,075 degrees Fahrenheit) such that the water and steam become indistinguishable (the critical point of a liquid),
allowing efficiency rates to reach 42 percent. An ultra-supercritical plant operates at temperatures of 1,075 degrees Fahrenheit and above and can achieve efficiencies of more than 42 percent.
China has jumped into the ultra-supercritical game with both feet. It is busy building supercritical and ultra-supercritical power plants at an astonishing rate — a whole lot faster, by the way, than we are here in the United States. And China’s ultra-supercritical power plant that went online in Yuhuan in 2006 reportedly holds the record as “the world’s cleanest, most efficient and most advanced ultra-supercritical units” with an efficiency of 46 percent.
Until now, the key high temperature equipment for supercritical and ultra-supercritical power units were mainly imported from foreign countries. China currently requires our national enterprises to domestically manufacture the key high temperature equipment. For making seamless tubes and large pipes, Chinese enterprises will be equipped with more 35MN, 60MN and one 350MN extrusion machines in the near future.
Large-scale castings for 1,000MW USC steam turbine already can be made in China. Large-scale forging have been also trial-produced. High-purity low alloy steel forging for low pressure rotor and 12% Cr high-quality forged rotor for 1,000MW USC steam turbine high pressure rotor are made in China."
