Chinese Authorities Attribute Power Shortage to ‘Rapid Industrial Production Growth’, No Mention of Australian Coal Boycott
As many provinces in China face power shortage, the National Development and Reform Commission (NDRC) has said in a statement that it was the result of economic recovery and a cold spell without mentioning the authorities’ boycott of Australian coal since last month, which commentators believe has exacerbated the crisis.
The Xinhua News Agency reported that power supply in Hunan and Jiangxi have been under pressure while rationing is in place in Zhejiang. The NDRC responded on 17 December that a rapid growth in industrial production and a cold spell had led to a more-than-expected increase in electricity demand. It further claimed that power supply had remained stable and residential consumption had not been affected, adding that it had been working with relevant departments and enterprises to ensure a steady electricity supply. The statement made no mention of the authorities’ earlier move to limit the import of Australian coal by such means as restricting high-priced coal purchases by power companies.
Source: Stand News #Dec19
#Australia #China #NDRC #PowerShortage #Coal #Boycott #Economy #Diplomacy
https://bit.ly/2WJZsSy
As many provinces in China face power shortage, the National Development and Reform Commission (NDRC) has said in a statement that it was the result of economic recovery and a cold spell without mentioning the authorities’ boycott of Australian coal since last month, which commentators believe has exacerbated the crisis.
The Xinhua News Agency reported that power supply in Hunan and Jiangxi have been under pressure while rationing is in place in Zhejiang. The NDRC responded on 17 December that a rapid growth in industrial production and a cold spell had led to a more-than-expected increase in electricity demand. It further claimed that power supply had remained stable and residential consumption had not been affected, adding that it had been working with relevant departments and enterprises to ensure a steady electricity supply. The statement made no mention of the authorities’ earlier move to limit the import of Australian coal by such means as restricting high-priced coal purchases by power companies.
Source: Stand News #Dec19
#Australia #China #NDRC #PowerShortage #Coal #Boycott #Economy #Diplomacy
https://bit.ly/2WJZsSy