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Strategies & Market Trends : ABB (Asea Brown Boveri) ADR

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To: tech101 who wrote (43)	8/20/2008 12:50:17 PM
From: tech101	of 106

China on brink of electricity shortfall By Jamil Anderlini and Geoff Dyer in Beijing Published: July 16 2008 19:40 \| Last updated: July 16 2008 19:40 China faces its worst power shortage in at least four years as soaring coal prices and government-set electricity tariffs force dozens of small power plants to shut down rather than face mounting losses. Nearly half of China’s provinces have started to ration electricity as the country enters the peak summer season, facing what analysts describe as its worst coal shortage. ft.com

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