China’s energy crisis is easing, but Beijing says ‘results must be consolidated’ as winter months loom

Source: China – South China Morning PostChina’s efforts to secure energy supply have “achieved initial results”, but coal production must be ramped up to ensure power capacity ahead of the frigid winter months, the nation’s Vice-Premier Han Zheng has said.The world’s No 2 economy is slowly recovering from its most severe energy crunch in decades and, although it is easing, analysts warn unseasonably cold weather could cause further coal shortages, with knock-on effects felt throughout the supply chain.“Efforts to secure power supply…Read More