China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2831)	3/16/2004 3:27:02 PM
From: RealMuLan	Read Replies (1) of 6370

OP-ED: China struggles with power shortages —Ahmad Faruqui In a sign that China is serious about instituting such price signals, the government has said that it will discourage users from using electricity at peak times by increasing the cost during the busiest hours and cutting the overnight price Power shortages are threatening to crimp China’s economy, the world’s second largest. China’s voracious appetite for raw materials is exemplified by the fact that it consumes a third of the world’s steel output. Not surprisingly, it also has the world’s second largest power market. dailytimes.com.pk

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