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FairAndUnbiased

FairAndUnbiased

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Bellum_Romanum said:
I could never understand the hype and stupidity of people who ate up the bullshit that was hyperloop. Musk is just a symbol, a symptom of American tendency to reward people like him as some sort of infallible being; a person who is incapable of being wrong to which everything they say, do, including farts are to be taken seriously. Which is why the rich monkeys in other countries, for example the corrupt anti-China loser in Malaysia were arguing to forego China led HSR project and should rather build hyperloop system for "costs" An insane gibberish nonsense but his spiel were taken seriously by the gullible pro-western media to even warrant such a dumb debate.

CAPITALIST most often than not are nothing but leeches that wants to suck it's hosts (countries) dry.
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I still can't believe Chinese investors fell for that Energy Vault bullshit. But at least no Hyperloop.
 
Temstar

Temstar

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During the meeting with Nepali Foreign Minister Narayan Khadka in Qingdao, East China's Shandong Province, Wang Yi announced that China will use aid funds for Nepal to support the feasibility study of the China-Nepal cross-border railway, and will send experts to Nepal to conduct the survey work within this year.
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Fuck yes Trans-Himalayan Railway
 
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alfreddango

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In March 2022, media reported that the Chinese company CATL was considering sites in the United States and in Juarez and Saltilo, Mexico, to build a $5 billion battery factory. When completed, the plant will produce nickel-manganese-cobalt batteries and lithium iron phosphate batteries, mainly for Tesla and Ford Motor Co. But media reported on August 3 that they had decided to delay the announcement of the North American plant due to tensions over the speaker of the US House of Representatives.
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wouldn't it be dangerous for china to open factories in the us going forward?
 
Bellum_Romanum

Bellum_Romanum

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Feel bad and my sympathies to the folks in SK who suffered from the recent flooding.

This government announcement does not make sense. The reason the basement dwelling was and is an attractive place to live it's due to the fact that housing is very expensive like anywhere else in the world, China included. Instead of actually addressing the fundamental issue, the virtue signaling Seoul government instead decided to close or stop issuing permits for these type of dwelling. Now, where are those folks going to live? F.. Ng genius.

The road to hell is paved and lubricated well by CAPITALISTS with good intentions.

 
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ansy1968

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Peas said:
In March 2022, media reported that the Chinese company CATL was considering sites in the United States and in Juarez and Saltilo, Mexico, to build a $5 billion battery factory. When completed, the plant will produce nickel-manganese-cobalt batteries and lithium iron phosphate batteries, mainly for Tesla and Ford Motor Co. But media reported on August 3 that they had decided to delay the announcement of the North American plant due to tensions over the speaker of the US House of Representatives.

CATL announced on August 12 that in order to further deepen the company's global strategic layout, promote the development of overseas business, to meet the overseas market demand, the company intends to invest in the construction of Hungary Times new energy battery industry base project in Debrecen city, Hungary, The total investment of the project will not exceed €7.34 billion.

It is reported that the project will build a 100GWh power battery system production line, and the total construction period is expected to be no more than 64 months (the final construction is subject to the actual situation). The construction of the first plant will start in 2022 after obtaining relevant approval.

According to the company, Hungary has a long history of automobile manufacturing and good industrial support. Battery raw materials, diaphragms and other auxiliary materials can be purchased in the surrounding areas. The combination of good industrial environment and battery technology of the company will make a better contribution to the electrification of transportation in Europe. Secondly, Hungary is located in the center of Europe, with outstanding geographical advantages and a large number of vehicle enterprises gathered, the establishment of factories in Hungary is convenient for the company to respond to customer needs in a timely manner. Thirdly, Hungary, especially Debrecen, has a favorable investment environment, good transportation and logistics infrastructure, and a large number of excellent industrial and technical workers, which provides a good development boost for the investment and establishment of factories in Hungary by CATL.

Hungary now:
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My 2 cents, the US or North America plant will not push thru, there is NO incentives with the EV bills restricting using Chinese inputs. Right now the focus should be building capacity, like what happen to solar panel, flood the market and make them come to you instead of you slaving yourself to them.
 
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AndrewS

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ansy1968 said:
My 2 cents, the US or North America plant will not push thru, there is NO incentives with the EV bills restricting using Chinese inputs. Right now the focus should be building capacity, like what happen to solar panel, flood the market and make them come to you instead of you slaving yourself to them.
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The issue is the 30% tariffs on finished cars from China.

Plus cars with Chinese made components won't quality for the $7500 tax credits

Although:

EU, South Korea say U.S. plan for EV tax breaks may breach WTO rules

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