Yeah honestly I don't really understand why Ukraine diverted forces to Kursk. They were dug into strong positions in Donetsk... Positions they've since had to give up as the Russian advance picks up pace.

Maybe Syrskyi saw the writing on the wall and went for a hail mary?

To get an idea of margins:

The BYD Seagull sells under the Dolphin Mini name in South America. The Seagull (see specs) is the BYD's cheapest electric car launched in April last year. Its price range initially lay between 78,800 – 95,800 yuan (10,850 – 13,200 USD)

Isn't Taiwan the country that literally jails political opponents?

Manufacturing labour costs were $8.31 per hour in China last year, compared with less than $3 in places such as India, Thailand and Vietnam. - The Economist

looks at China

Manufacturing labour costs were $8.31 per hour in China last year, compared with less than $3 in places such as India, Thailand and Vietnam. - The Economist

looks at Mexico

Anyway, manufacturing in China is a low-skill role that employs a huge proportion of the market. In terms of social/cultural value, its closest parallel in the US would be the retail services sector.

I too love to jail my political competitors after the they successfully split the vote from my real political rival (the KMT) in the last election. A bastion of democracy in East Asia.

Lfg

The rapid growth in power generation from solar shows that the solar capacity boom is delivering new electricity supplies at a scale sufficient to cover much of China’s demand growth.

This reinforces the view that China’s CO2 emissions are in a period of structural decline.

"I didn't read the article but I'm a racist fuck who hates yellow people"

Funny how your entire argument is invalidated by their previous article today:

China’s property bender has led to long, tough hangover: economist Mao Zhenhua

Honestly this is probably the only way to actually get those resources developed at this point.

Sinopec and Rosneft are absolute beasts in scaling O&G. Given China's specific USD reserve issues right now, it might make sense to route US assets into developing Sinopec assets abroad.

IIRC China does not yet see an easy way to solve the whole "in the winter the sun shines less" problem... So here we are.

The proportion of China's electricity produced from fossil fuels (56%) is now lower than it is in the US (60%). What an absolutely MONSTROUS performance.

Oh no! The millionaire is now not a billionaire... And the developer was sentenced to life in prison.

Anyway...

You're barking up the wrong tree with this one. The real story is the number of US Olympians that have TUEs that coincidentally are performance enhancers and the relative lack of TUEs for other countries' Olympians (e.g., China).

India: Deal?

Russia: Deal.

America: Isn't there somebody you forgot to ask?

Surely this can't be caused by the biggest economies in the world relying on "clean" natural gas (that is, 99% methane) instead of "dirty" coal... Right?

This is basically a meltdown-proof reactor wtf lmao

Yeah fuck Canada ig

Edit: just to clarify, the Canadian government gave them more than half a billion for the EV retrofit. Guess that's all money pissed into the wind now.

It's not subsidized though guys don't worry

To celebrate Tesla’s US$788 billion market cap in comparison to BYD’s $93 billion is to confuse incentives with outcomes. Both companies receive generous tax breaks and other government goodies. That Tesla is far more profitable than BYD while EVs have far less market penetration in the US is evidence of policy failure, not Elon Musk’s brilliance. Tesla pocketed the incentives while BYD (and competitors) delivered outcomes.

What we want from the butcher, the brewer and the baker are beef, beer and bread, not for them to be fabulously wealthy shop owners. What China wants from BYD and Jinko Solar (and the US from Tesla and First Solar) should be affordable EVs and solar panels, not trillion-dollar market-cap stocks. In fact, mega-cap valuations indicate that something has gone seriously awry. Do we really want tech billionaires or do we really want tech?

Putin can wax lyrical about Russian history going back millenia without notes. Biden can...

A recession typically follows after interest rates come down (interest rate cuts are a leading indicator of a recession because the Fed is usually too slow to cut).

Meanwhile US O&G:

They're CANDU designs, so probably SNC-Lavalin?

This is where China's "debt trap diplomacy" might actually be beneficial for Kenya...

China's loans serve to improve the top-line (economic growth), and China's loan concessions don't affect that. When Kenya puts Mombasa Port's 50-year operating and port fees up for collateral, that's a hit on the bottom line (Kenya's government revenues) but does not change the fact that the port still exists to drive economic growth. Moreover, often the short-term hit in port revenues is less than the interest that would've been paid on the loan, so these collateralized loans are often cashflow neutral or even cashflow positive to default on.

The IMF and World Bank are more focused on padding the bottom line (tax revenues) by increasing taxes and decreasing subsidies. What an insane policy.

If a country can't grow, how can you expect it to pay off it's loans? The entire principle of government loans in the 21st century is that GDP growth makes loans progressively less expensive. The IMF and World Bank exist only to keep developing countries poor.

Well, the trade war is also a factor, but what I'm saying is that Chinese government policy is what's keeping EV manufacturers from selling abroad. The EV supply chain has gotten so robust and cost-efficient in China that the government has to bribe manufacturers to focus their efforts on the domestic market instead of just eating the cake of everyone else.

You didn't have to inject your pedantry everywhere either over 10% losses, and yet here we are.

AC/DC converter losses are on the order of 10%. Negligible, and don't change the point. Your pedantry is noted and ignored.

Every single Chinese EV manufacturer wants to go make sales abroad because the price war in China makes profits barely attainable, but government policy and subsidies keep sales within the country.

The open secret is that China's EV subsidies are designed to keep sales within the country, because otherwise Chinese EV companies could make obscenely higher margins selling overseas.

The BYD Seagull ($9700 in China) is being sold as the BYD Dolphin Mini in Mexico... For $21000.

The BYD Seal U (€19400 in China) is being sold in Germany for €41990.

Sanders could've won against Trump in 2016 and he could've won against in 2020. Yet, here we are in 2024...

Lai is a short-sighted idiot that would rather be dependent on external seaborne LNG imports than maintain any degree of energy independence with nuclear.

I don't think I need to say anything about how bad natural gas is.

How much internal migration between Crimea and other regions has there been? The population of Crima has hovered around 2 million for decades.

Dividing America by building infrastructure instead of dumping trillions of dollars into the next military superproject.

I shouldn't need to say that not only natural gas bad, but oil also bad

I'm cautiously optimistic that the burger empire will embrace HSR like the rest of the advanced world. America's competition is no longer the Soviet Union, but China.

Heat is actually surprisingly easy to moderate with green spaces, water, shade, and wind.

Unfortunately, roads, roofs, and buildings fuck that all up.

Plant trees along every road. Line every building roof with greenery. Water that greenery, and centrally control how it's watered to create temperature/humidity differentials and thus wind throughout the entire city.

Can you ban people for spurious reports too thx

The real answer is that most roads are a transient solution as transit gets built out. They should form an auxiliary network, not the backbone of a country's transportation.