Explainer | China’s power crisis: why is it happening and what does it mean for the economy?
What is happening with China’s power supply? Since mid-July, China’s electricity load has spiked due to demand for air-conditioning during the peak summer season. In July, electricity consumption rose by 6.3 per cent year on year, with residential consumption jumping 26.8 per cent, according to the National Energy Administration. A total of 19 provincial power […]
