Growth, inflation and labour market all easing
To the market: China’s power crunch is forcing much needed energy reform.
The sudden emergence of electricity shortages in September has forced Chinese authorities to implement (if only partially) long delayed reforms to the country’s electricity sector. That said, further reforms may be necessary to support a more diverse and sustainable electricity sector that can meet the country’s long-term environmental targets.
For further details, please see the China Economic Update – November 2021
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