naturalgasbad

u/naturalgasbad@lemmy.ca
276 posts · 693 comments

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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?

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.

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.