McDonald's China, together with its four major suppliers announced the launch of an industrial park in Xiaogan city, Central China's Hubei Province on Wednesday, highlighting the importance of Chinese market in terms of supply chain for food business. With a combined investment of 1.5 billion yuan ($206 million), the park, named Hubei Smart Food Industrial Park, is a joint project with Bimbo QSR, XH Supply Chain, Tyson Foods Inc, and Zidan, according to information provided to the Global Times. The park is expected to produce 34,000 tons of meat products, 270 million buns, 30 million pastries, and 2 billion packaged products annually. It also features a 25,000-square-meter high-standard automated warehouse for frozen, refrigerated, and dry goods, reducing logistics time by 90 percent from manufacturing to arriving at the destination. Leveraging local geographical advantages, the park will become a supply hub for McDonald's in central and western China, enhancing supply efficiency and stability for its outlets there, the company said. "McDonald's has been deeply rooted in China for over 30 years, and the park is an echo of our long-term development in China," said Phyllis Cheung, CEO of McDonald's China. "Without any long-term strategy, we don't have any structural advantage in China," Cheung noted. The US food giant continues to expand its business map in China. As of the end of June in 2024, there were over 6,000 restaurants and over 200,000 employees in the market. China has become the second largest and fastest-growing market of McDonald's. In 2023, McDonald's China unveiled the ambition of operating 10,000 restaurants by 2028. To support this, McDonald's and its suppliers have invested over 12 billion yuan from between 2018 to 2023 to develop new production capacities and enhance supply chain sustainability. Observers said that the industrial park reflect foreign companies' confidence in operating in China as the country takes concrete measures in furthering reform and opening-up. China's foreign direct investment from January to May 2024 reached 412.51 billion yuan, with the number of newly-established foreign-backed companies reaching 21,764, rising by 17.4 percent year-on-year, data from China's Ministry of Commerce revealed. According to a recent survey by the American Chamber of Commerce in China, the majority of US companies saw improved profitability in China in 2023, and half of the survey participants put China as their first choice or within their top three investment destinations globally. Olaf Korzinovski, EVP of Volkswagen China, who is responsible for production and components, also shared his understanding of supply chains in China with the Global Times. Volkswagen has been operating in China for about 40 years. "In order to seize greater value for our customers," Volkswagen Group is stepping up pace of innovation in China, and systematically purshing forward the digitalization process, Korzinovski noted, adding the company is strengthening local capabilities with accelerated decision-making efficiency. Global Times

July 9 (Reuters) - Lucid Group (LCID.O), opens new tab will recall about 5,251 of its 2022-2023 Air luxury sedans due to a software error that could cause a loss of power, according to a notice from the U.S. National Highway Traffic Safety Administration published on Tuesday. The regulator added the EV maker will also recall about 7,506 of its 2022-2024 Air luxury sedans due to an issue with a coolant heater that could fail to defrost the windshield. Lucid had released an over-the-air software update in June as a fix for the software error and a separate update to identify a high voltage coolant heater failure and provide a warning to the drivers of the affected vehicles. The company had reported second-quarter deliveries above market expectations on Monday, as price cuts helped boost demand for its luxury electric sedans.

Incredible space photos like those from NASA don't look as stunning straight out of the telescope. They need significant processing, and a crucial part of that is sharpening. Coming to you from Unmesh Dinda with PiXimperfect, this fascinating video explores the APF-R plugin, developed by award-winning astrophotographer Christoph Kaltseis. APF-R stands for Absolute Point of Focus, and it's designed to enhance photo details without creating halos or artifacts. This technology has been used by space agencies with telescopes like the James Webb, and now, you can use it in Photoshop. The plugin allows for non-destructive editing, meaning you can adjust the radius and detail level without permanently altering your image. This feature is crucial for astrophotography, where preserving original details is vital. The video shows how APF-R compares to Photoshop's built-in sharpening tools. The plugin offers multiple rendering methods, each suited for different types of images. For instance, the "Center Weighted" method provides a balanced sharpening effect without making the image look overprocessed. Dinda explains how to fine-tune these settings to achieve the best results, making it clear why this plugin is a game-changer for photographers looking to enhance their images with precision. One notable feature of APF-R is its ability to work with different image types. The video demonstrates how the plugin enhances not just space photos but also landscapes and portraits. For portraits, APF-R can bring out skin textures and eye details without creating the unwanted halos that traditional sharpening methods often produce. Dinda also shows how to combine APF-R with other Photoshop tools, like Smart Sharpen, for even better results. This versatility makes APF-R a valuable addition to any photographer's toolkit. The plugin's cost is $50, which Dinda considers a bargain given its advanced capabilities. There's also a Creative Bundle subscription that includes APF-R and 20 other tools, offering great value for those looking to expand their editing options. Dinda provides discount codes in the video description, making this sophisticated tool more accessible. Check out the video above for the full rundown from Dinda.

A couple of days ago, a Quad summit meeting in Sydney scheduled for May 24 was abruptly canceled. The US president had to pull out of his long-anticipated trip to Australia and Papua New Guinea. Instead, the heads of the four Quad member states got together on the margins of the G7 Summit in Hiroshima on May 20. The main reason for the change of plans was the continuous struggle between the White House and Republicans on the Hill over the national debt ceiling. If no compromise is reached, the US federal government might fail to meet its financial commitments already in June; such a technical default would have multiple negative repercussions for the US, as well as for the global economy and finance at large. Let us hope that a compromise between the two branches of US power will be found and that the ceiling of the national debt will be raised once again. However, this rather awkward last-minute cancellation of the Quad summit reflects a fundamental US problem - a growing imbalance between the US geopolitical ambitions and the fragility of the national financial foundation to serve these ambitions. The Biden administration appears to be fully committed to bringing humankind back to the unipolar world that existed right after the end of the Cold War some 30 years ago, but the White House no longer has enough resources at its disposal to sustain such an undertaking. As they say in America: You cannot not have champagne on a beer budget. The growing gap between the ends that the US seeks in international relations and the means that it has available is particularly striking in the case of the so-called dual containment policy that Washington now pursues toward Russia and China. Even half a century ago, when the US was much stronger in relative terms than it is today, the Nixon administration realized that containing both Moscow and Beijing simultaneously was not a good idea: "Dual containment" would imply prohibitively high economic costs for the US and would result in too many unpredictable political risks. The Nixon administration decided to focus on containing the Soviet Union as the most important US strategic adversary of the time. This is why Henry Kissinger flew to Beijing in July 1971 to arrange the first US-China summit in February 1972 leading to a subsequent rapid rapprochement between the two nations. In the early days of the Biden administration, it seemed that the White House was once again trying to avoid the unattractive "dual containment" option. The White House rushed to extend the New START in January 2021 and held an early US-Russia summit meeting five months later in Geneva. At that point many analysts predicted that Biden would play Henry Kissinger in reverse - that is he would try to peace with the relatively weaker opponent (Moscow) in order to focus on containing the stronger one (Beijing). However, after the beginning of the Russia-Ukraine conflict, it became clear that no accommodation with the Kremlin was on Biden's mind any longer. Still, having decided to take a hard-line stance toward Moscow and to lead a broad Western coalition in providing military and economic assistance to Kiev, Washington has not opted for a more accommodative or at least a more flexible policy toward Beijing. On the contrary, over last year one could observe a continuous hardening of the US' China policy - including granting more political and military support to the Taiwan island, encouraging US allies and partners in Asia to increase their defense spending, engaging in more navel activities in the Pacific and imposing more technology sanctions on China. In the meantime, economic and social problems within the US are mounting. The national debt ceiling is only the tip of an iceberg - the future of the American economy is now clouded by high US Federal Reserve interest rates that slow down growth, feed unemployment and might well lead to a recession. Moreover, the US society remains split along the same lines it was during the presidency of Donald Trump. The Biden administration has clearly failed to reunite America: Many of the social, political, regional, ethnic and even generational divisions have got only deeper since January 2021. It is hard to imagine how a nation divided so deeply and along so many lines could demonstrate continuity and strategic vision in its foreign policy, or to allocate financial resources needed to sustain a visionary and consistent global leadership. Of course, the "dual containment" policy is not the only illustration of the gap between the US ambitions and its resources. The same gap inevitably pops up at every major forum that the US conducts with select groups of countries from the Global South - Africa, Southeast Asia, Latin America or the Middle East. The Biden administration has no shortage of arguments warning these countries about potential perils of cooperating with Moscow or Beijing, but it does not offer too many plausible alternatives that would showcase the US generosity, its strategic vision, and its true commitment to the burning needs of the US interlocutors. To cut it short, Uncle Sam brings lots of sticks to such meetings, but not enough carrots to win the audience. In sum, US foreign policy under President Joe Biden reminds people of a very advanced and highly sophisticated smartphone that has a rather weak battery, which is not really energy efficient. The proud owner of the gadget has to look perennially for a power socket in order not to have the phone running out of power at any inappropriate moment. Maybe the time has come for the smartphone owner to look for another model that would have fewer fancy apps, but a stronger and a more efficient battery, which will make the appliance more convenient and reliable.

Companies are going to have fewer people and fewer layers. Ten years from now, the software development circuit may have fewer jobs, higher salaries, and more product-centric work. The reason behind it is the rapid development of AI, AI has approached human beings at the intelligence level, a lot of work relying on thinking ability may be handed over to AI, while emotion is still the territory of human beings, how to communicate and collaborate is the most important ability in the near future. When Indeed's chart for software development and operations jobs was released, we found that, as the chart shows, there was a peak in early 2022, but after that there was a precipitous decline.