this post was submitted on 25 Jan 2024
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Western institutions fundamentally misunderstand the clean energy revolution. It's actually rather worrying, because it's a large part of why Western estimates of China's economic growth have been so far off.
The new youth unemployment numbers now exclude students. In school. In China's notoriously challenging education system. Shocking. Massively corrupt. Politicized. Terrible. Basically communism.
Get a grip. Turns out, as your population increasingly pursues higher education, fewer youth are looking for jobs.
Unemployment data always excluded students and everyone else outside of job seekers?
Edit: OP is lying, don’t believe unsourced stuff you read on Lemmy
Yeah, in the US.
Have a couple sources that explain how you’re wrong:
https://www.globaldata.com/data-insights/macroeconomic/the-unemployment-rate-of-china-220098/
https://m.investing.com/economic-calendar/chinese-unemployment-rate-1793#:~:text=The%20Chinese%20unemployment%20rate%20measures,employment%20during%20the%20reported%20month.
Something tells me you don't speak Chinese, huh?
care to elaborate? The rest of the world definitely has higher environmental standards (and, more importantly, enforcement of them) than China. And that is a significant driver of the cost. You should read about the history of the PV industry in Germany before throwing insults.
What's the deal with you, exactly? Are you denying the many substantiated academic reports of environmental damage caused by rare-earth extraction and refining as part of some anti-China conspiracy? Just so I know if it's worthy of my time to engage at all.
It's been entirely innovation-based cost reduction. This comment shows a lack of understanding of the Chinese PV industry and how it outcompeted everyone else.
In a year, it's essentially dropped prices across the board by almost half.