Business
A desperate China is turning its lights off, but could there be a long-term gain? – Sydney Morning Herald
Coal is driving Beijing’s energy crisis, leaving behind some painful lessons for officials and businesses across the country.
We do have some concern about the future but not yet to the level of panic, he said.
The power shortage, which has gripped the country for the past week, had been caused by a mix of state intervention, surging coal prices, supply shortages, a lack of renewable…
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