China’s financial globalization is multi-pronged. One key element is build up of dollar/fx liabilities (money owing/debts) in private Chinese balance sheets, which reached peak in 2014 at just shy of $1.5trn. Stable since 2018 at c. $1.3trn.
@bcaresearch via @SoberLook https://t.co/yV21KAmNSa
RT @stevehouf: Despite contributing 30-50% of *electricity* generated, renewables continue to contribute a very small percentage of the tot…
There are economies of scale in the construction of battery plants and China’s vast lead in the industry gives it a huge advantage. ft.com/content/a00a55… https://t.co/bXxrpIBEvr
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