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China’s power crisis

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China’s power crisis
China is used to seeing power supply cuts in parts of the country each year, but their frequency has increased sharply since the second half of 2020, escalating to a crisis in September 2021. Potential causes include Beijing-dictated carbon reduction targets to lower emissions, and an urgent shortage of coal.
In response to fresh tariffs introduced by the US, China imposed retaliatory tariffs of 10 to 15 per cent last month on products such as coal, crude oil and light natural gas from the US. Photo: AFP
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