Short of Australian coal, China’s power supply is struggling as winter temperatures plunge… | weehingthong

Short of Australian coal, China’s power supply is struggling as winter temperatures plunge…

Posted on December 19, 2020 by weehingthong

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Small firms caught in China's prolonged power and coal crunch are turning to diesel generators, or simply shutting shop, as coal officials voiced fears for stocks ahead of winter and manufacturing shrinks in the world's no. 2 economy https://t.co/zLH7CjaY9J pic.twitter.com/58yGSahqgR
— Reuters (@Reuters) September 30, 2021

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Political pressure on power co.s to limit tariff rises stresses them, the #coal industry is already highly-indebted and suffering high profile failures & defaults. Hard to gauge the true scale, but reason to take ‘recovery’ talk with a grain of salt. #CCP #electricity #China
— Cantillon Consulting (@CantillonCH) December 20, 2020

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"The electricity crisis appears to have been prompted by a shortage of coal after Beijing banned imports from Australia. China imposed trade bans against Australia after Canberra demanded an inquiry into the origins of coronavirus and …."https://t.co/719Ma9rCbG
— Rahima Mahmut (@MahmutRahima) December 19, 2020

https://www.thetimes.co.uk/article/mass-blackouts-after-china-cuts-australian-coal-imports-phx3fgvtg

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https://youtu.be/OEJrOxUr6GE

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Coal is a casualty in the China-Australia Trade War…

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