Widespread power cuts and rationing in China might quickly push the country into a position where inflation is “difficult to control”, an economist has said. Power shortages in China have resulted in the price of electricity rising sharply and power supplies to some factories being capped. Independent economist Jiang Hao told Radio Free Asia that…
China’s Power Crunch Risks Creating ‘Difficult to Control’ Inflation
October 4, 2021
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AustraliaChinaChina Business & EconomyChina-Australia RelationsChinese Regimecoallignitepower shortageRussia
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China’s Power Crunch Risks Creating ‘Difficult to Control’ Inflation, Economist Says
October 4, 2021
admin
AustraliaChinaChina Business & EconomyChina-Australia RelationsChinese Regimecoallignitepower shortageRussia
0 Comment
Widespread power cuts and rationing in China might quickly push the country into a position where inflation is “difficult to control”, an economist has said. Power shortages in China have resulted in the price of electricity rising sharply and power supplies to some factories being capped. Independent economist Jiang Hao told Radio Free Asia that…
Poland Defies EU Court Ruling to Close Major Lignite Mine
WARSAW, Poland—Poland’s government on Monday defied an injunction by the top European Union court that ordered the immediate closure of a major brown coal mine, with officials saying it would shake the nation’s energy system and lead to the layoff of thousands of employees. Development Minister Jaroslaw Gowin said Poland wouldn’t shut the lignite mine…
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