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Their insurance, cleanup is included in state mandated price. Their capex loans aren't so problematic since it costs about 2.5bn to build and is done in under 5
by Moldoteck 6mo ago
Their insurance, cleanup is included in state mandated price. Their capex loans aren't so problematic since it costs about 2.5bn to build and is done in under 5y now
China doesn't have free market in the way we have it anyway. It wasn't valid even for solar
- dalyons 6mo agoWhy do you think insurance and cleanup is included in the price? There’s no reason to believe that for a state industry. Also Capex loans are not paid back when the plant is done, you pay them off gradually out of profits over decades once operation starts. At least that’s how free market finance works. Anyway it doesn’t matter, we’re quibbling minor semantics, when I think we agree on the main point - what happens in state run china is in no way representative of what’s possible in a free market economy.
- Moldoteck 6mo agoKorea is close now. But closest was japanese abwr- cost similar to current Chinese units