“At All Costs”: China Pulls Out All Stops To Prevent Winter Energy Crisis
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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. In Jilin, one state-owned…
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