While flow battery idea is cool and all, it's going to be a while before it actually gets to mass production.
Setting up infrastructure of mining and processing them will be a decades long effort.
As he highlights, it's key to focus on the sectors dominated by State-Owned Enterprises (SOEs), which form the backbone of China's economy. Another significant aspect is that the government maintains substantial direct control over private sector entities as well. Additionally, cooperative ownership structures within the private sector are more prevalent than often acknowledged, with Huawei serving as a noteworthy example.
It's just a complete mystery why German manufacturing can't compete with China where input costs are far lower.
There are always ways to try and get money out of a country, but the west made it as difficult as possible to do so. And the result has been that money is indeed staying in Russia which resulted in a big increase in business activity as IMF now openly admits.
The democrats can no longer use the excuse that they don't have the power to do anything, and the fact that they're still not doing anything is clear proof that they never had any intent to.
It's true that it is often more difficult for immigrants to find good opportunities, even when they have high qualification in their home country. And the reason for why people wouldn't want to admit that they bet on the wrong horse is pretty obvious. Imagine selling out your home country and thinking that the westerners are superior, then finding out that none of it is true. It's a pretty embarrassing thing to admit. Saving face is particularly important in Asian cultures https://en.wikipedia.org/wiki/Face_(sociological_concept)
It's like the ultimate humiliation. You betray your country and culture to go simp the wasps, and then find out their society is falling apart.
The west solved that problem by effectively doing capital controls for Russia. Now that Russia has been decoupled from SWIFT, moving money out is pretty hard.
Huh? There are multiple examples right in the readme.