Well if they are buying Chinese electric equipment they will be saving money in capital costs as well. As Chinese equipment can be up to 50% cheaper than wester

Well if they are buying Chinese electric equipment they will be saving money in capital costs as well. As Chinese equipment can be up to 50% cheaper than western brands like Caterpillar. The global south will move to electric a lot faster than most projections I feel. As chinese solar, batteries and cheaper heavy machinery directly running on electricity will be a dramatic change to the feasibility of many development projects.