China’s power crisis. Beijing is moving to liberalize electricity pricing in the country, while also surging imports of both coal and natural gas (including, notably, from Australia). Nonetheless, coal futures in China continue to probe new record highs. European companies with operations in China, apparently sick of being woken up in the middle of the […]
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Daily Memo: China’s Power Crunch, EU Relief Measures
Brussels' plans for mitigating surging energy prices fall well short of some member states' hopes.
