China

How China’s power crunch creates chaos, uncertainty in hardest-hit northeast rust belt




A decision by the regional grid operator to suddenly cut off his power late last month sent a Dandong fishmonger into a panic, mulling whether he would have to give away his seafood before it went bad.The outage was relatively brief for Mr Wang – a few hours – but for a business owner whose livelihood depends on freezers, power outages can have an immediate and dangerous impact.“I had to sell all my seafood at much lower prices on the next day,” Mr Wang lamented from his coastal hometown in the…



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