China’s Premier Li Keqiang recently warned of a new power crisis in the summer. Even without new economic growth, there could be shortages, Li said on a major conference call late last week. According to reports, just over 100,000 cadres had joined the call to be briefed on the economic challenges resulting from the Covid lockdowns. The government has not released official information on the conference. However, according to analysts, the issue of power security was high on the agenda because growth could not be restored without a reliable power supply, Li is reported as saying.
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