Category: Electricity cut

China’s Third-Quarter Economic Growth Slows to 4.9 Percent Amid Power Crunch, Property Woes

October 18, 2021
ChinaChina Business & EconomyElectricity cutevergrandeFinance & Business TiesSpecial Topics
0 Comment

China’s economy recorded slower-than-expected growth in the third quarter as the country grapples with a worsening energy crisis and property woes. The latest data released by China’s National Bureau of Statistics (NBS) on Oct. 18 showed the year-on-year gross domestic product (GDP) growth in the third quarter hit a year low at 4.9 percent, slowing…

Read More

China’s 3rd-Quarter Economic Growth Slows to 4.9 Percent Amid Power Crunch, Property Woes

October 18, 2021
Business & EconomyChinaChina Business & EconomyEconomiesElectricity cutevergrandeFinance & Business TiesMarketsSpecial Topics
0 Comment

China’s economy recorded slower-than-expected growth in the third quarter as the country grapples with a worsening energy crisis and property woes. The latest data released by China’s National Bureau of Statistics (NBS) on Oct. 18 showed the year-on-year gross domestic product (GDP) growth in the third quarter hit a year low at 4.9 percent, slowing…

Read More

China’s Power Crisis a Result of Beijing’s Restrictive Energy Policies: Analyst

September 30, 2021
ChinaChina Business & EconomyClimate AgendaElectricity cutSocial IssuesSpecial Topics
0 Comment

A large part of China is in the midst of a growing power supply crunch that has forced factories to cut production and brought major disruptions to daily life. While authorities have remained largely silent on the causes of the supply shortage, analysts say the power crunch, which has hit more than 10 provinces in…

Read More