The Chinese economy is shutting down

The Chinese economy is shutting down. Yuan Talks:

China’s ongoing energy use restrictions and power crunch are hurting industrial production across several regions and dragging on the country’s economic growth, analysts say.

The current round of power shortage is mainly due to the country’s so-called “dual energy control”, referring to the country’s efforts to cut energy consumption and energy intensity, the amount of energy consumed per unit of GDP, analysts say.

There are 2653 words left in this subscriber-only article.

Get your first month for $1

Comments are hidden for Membership Subscribers only.