Cybernetics
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I'm sure it would. Both could be built to ensure a robust system and to reduce regional price/supply differences. At initial phases in industrialisation, North Korea would require abundant cheap energy that would be supplied by a central power plant (most likely burning coal). To offset some of the pollution and production inefficiencies, it would make sense to buy some of the energy from ultra critical coal power plants and renewables from China. Energy supply is critical to a fast and smooth industrialisation.This may also speed up regional electric grid development. Although China has drafted plans to build underwater grid to South Korea (then to Japan), a land grid across North Korea to South Korea would be a much more feasible (and quick) solution to the difference between renewable energy generation and energy consumption capacities in our region.
A pan-Eurasia energy grid would enable economies of scale and exploit regional specialisation for energy production, whether its renewable or non-renewable. Large swaths of desert and highlands could be transformed to produce renewable energy for a broad market even when its home market doesn't require such scale. Efficiency of transmitting would be especially vital across large distances with no demand to low demand regions,. Currently Chinese scientists are working on high temperature superconducting transmission lines and have working scale prototypes.
You are right, full spectrum. Goods are just one contact point.In a potential opening up of North Korean market, China needs to make sure that it remain in the forefront of it in terms of not only goods (finished goods and infrastructure build-up, but also services, including entertainment, literature, education, and finance.
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