As he highlights, it's key to focus on the sectors dominated by State-Owned Enterprises (SOEs), which form the backbone of China's economy. Another significant aspect is that the government maintains substantial direct control over private sector entities as well. Additionally, cooperative ownership structures within the private sector are more prevalent than often acknowledged, with Huawei serving as a noteworthy example.
There are always ways to try and get money out of a country, but the west made it as difficult as possible to do so. And the result has been that money is indeed staying in Russia which resulted in a big increase in business activity as IMF now openly admits.
The democrats can no longer use the excuse that they don't have the power to do anything, and the fact that they're still not doing anything is clear proof that they never had any intent to.
It's true that it is often more difficult for immigrants to find good opportunities, even when they have high qualification in their home country. And the reason for why people wouldn't want to admit that they bet on the wrong horse is pretty obvious. Imagine selling out your home country and thinking that the westerners are superior, then finding out that none of it is true. It's a pretty embarrassing thing to admit. Saving face is particularly important in Asian cultures https://en.wikipedia.org/wiki/Face_(sociological_concept)
The west solved that problem by effectively doing capital controls for Russia. Now that Russia has been decoupled from SWIFT, moving money out is pretty hard.
aww it's adorable how much projecting you're doing
There is zero basis for your assertion that majority of immigrants weren't able to find jobs their skills aren't transferable. This affects certain professions to be sure, however plenty of people like software developers have skills that are very much transferable. Drivers are able to find jobs because those are the kinds of low paying jobs immigrants get, not because their other skills weren't useful. And yes it very much does boil down to opportunities available, which in UK are slim to none even for people born there.
If you're going to claim that lack of transferable skills was the core issue, then do provide a source to support your assertion.
The article doesn't say anything of the sort.
Heather Rolfe, director of research at British Future, said that, despite their high level of education, many HK migrants were likely to be unemployed or working in jobs below their skill level. They are filling gaps in sectors, including retail and wholesale, information technology, education and hospitality, she said.
While flow battery idea is cool and all, it's going to be a while before it actually gets to mass production.