China Pulls Out All Stops To Prevent Winter Energy Crisis

 

OilPrice.com: “At All Costs”: China Pulls Out All Stops To Prevent Winter Energy Crisis 

China’s central government has ordered state-owned energy companies to do whatever they must to secure energy supplies for this winter, according to Bloomberg sources.

The Vice Premier Han Zheng issued the desperate order at an emergency meeting earlier this week with state-owned asset regulator and economic planning agencies. 

The message was clear: blackouts will not be tolerated, Bloomberg sources revealed. 

But China is already suffering blackouts and coal shortages leading up to the week-long National Day holiday.  

Read more ....

 More News On China's Energy Crisis  

Why China’s power crunch is such a big deal -- CNBC  

China Panics: Beijing Orders Energy Firms To "Secure Supplies At All Costs" -- Zero Hedge  

China's growing power crunch threatens more global supply chain chaos -- CNN  

How bad is China’s energy crisis? -- Phillip Inman, The Guardian  

China power cuts: What is causing the country's blackouts? -- BBC



from War News Updates https://ift.tt/3kUQoqR
China Pulls Out All Stops To Prevent Winter Energy Crisis China Pulls Out All Stops To Prevent Winter Energy Crisis Reviewed by crazy on 4:56 PM Rating: 5

No comments:

Business

Powered by Blogger.