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(201016) -- CHANGJI, Oct. 16, 2020 -- Aerial photo shows the construction site of Fukang pumped-storage power station in

Power storage – an important component of the energy transition

On the road to a greener electricity mix, power security is also an important matter for China. Just last fall, power shortages even crippled factories in some provinces. A massive expansion of power storage facilities is supposed to ensure that something like that doesn't happen again - but there are difficulties with financing.

By Nico Beckert

The sweet poison of relaxations

The joint venture requirement, which has been criticized by Western companies for many years, has been relaxed. In addition, the Chinese leadership has also simplified direct investment in the People's Republic. However, what sounds like an opening of China's economy should be approached with caution.

By Christian Domke Seidel