Drones buzz above traffic-clogged roads in Ordos, Inner Mongolia, as white-capped police officers attempt to manage lines of hundreds of trucks waiting to be loaded with cargoes of coal. Many have been there for days.
The jams disrupting the Chinese city, one of the most critical coal hubs anywhere, show the enormous task facing the world’s top energy consumer as it races to ease a power crisis that is stifling key industries and that some economists warn risks crimping global growth.
For more than a month, energy shortages have rippled through China’s manufacturing centers for steel, aluminum and cement, and prices
It is racing to ease a power crisis that's stifling key industries and that some economists warn risks crimping global growth.. Read more at straitstimes.com.
Authorities are taking extraordinary steps such as reversing recent moves toward cleaner energy and better safety standards by reviving old and dirty coal mines.
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