US News: China with power failures

China no longer builds energy projects abroad-XI

 China no longer builds energy projects abroad-XI UN-ASSEMBLY / CHINA (Photo): China no longer builds coal-based energy projects abroad-Xi United Nations, 21 September (Reuters) - Chinese President Xi Jinping said Tuesday that China no longer build on new coal-based energy projects, using its speech before the United Nations General Assembly in New York to make new promises in the fight against climate change.

Une centrale à charbon près de Datong, dans la province chinoise du Shanxi le 19 novembre 2015 © Greg Baker a coal plant near Datong, in the Chinese province of Shanxi on November 19, 2015

more rare coal, environmental limitations and full-plan factories: China faces power outages that could curb economic growth.

offers downwards and upwards: cuts are generalized, penalizing millions of homes as well as many factories, including providers of large global companies.

As the cold season is approaching, the scarcity worries the authorities. At a meeting last week, the government called for "stabilizing commodity prices to ensure the supply of electricity and natural gas during the winter".

In recent months, at least 17 regions, representing 66% of the country's GDP, imposed electricity cuts in one form or in another, but mainly targeting the industry, according to the Bloomberg Intelligence database.

The Cold War between the United States and China, a reality for two-thirds of Europeans

 The Cold War between the United States and China, a reality for two-thirds of Europeans © Lintao Zhang / Pool / AFP Joe Biden and Xi Jinping have already met several times when the current President of the United States United was vice-president in the Obama government. The Cold War is back between the United States and China.

While the country depends at 60% of coal for its electrical production, the supply of coal is reduced by a parchment that Beijing has de facto imposed last year with Australian imports, in the context of bilateral tensions between the two countries. .

At the same time, the government has enacted limits to polluting emissions from industrialists as part of the fight against climate change.

But with the global economic recovery, many Chinese factories are turning full speed. Result, the demand for electricity has exceeded its pre-pandemic levels in the first half, according to the National Energy Administration.

As for the price of coal, they reached record levels in September. And the Chinese industry as a foreign is penalized.

China: The former boss of the world # 1 of the spirits ecope in perpetuity prison for fare-made wine pots

 China: The former boss of the world # 1 of the spirits ecope in perpetuity prison for fare-made wine pots © Pixabay China: The ex-pattern of the world's # 1 Spirits Ecper in Perpetuity Prison For fare-made wine pots Yuan renguo, 64, has accepted money and property for a total of 112.9 million yuan (14.88 million euros) between 1994 and 2018. This is the fall of A giant spirits. The ex-boss of the Chinese group Kweichow Moutai, number one worldwide of the sector in terms of valuation, was sentenced to life imprisonment for accepting 15 million euros of bribes, according to a court.

The Taiwanese Unimicron Technology, Apple's supplier, revealed that its sites in two regions of mainland China had to stop their production from Sunday until Thursday.

A subcontractor of the US manufacturer of Tesla electric cars received a similar order, according to a stock market communique.

- Candle Races -

Faced with this context, several international banks have lowered their economic growth forecast: in a note published Tuesday, the American Goldman Sachs says now Talls 7.8% for China this year against 8.2% before, because of the "significant pressures" on heavy industries.

Des employés travaillent sur une ligne à haute tension à Wuxi, dans la province du Jiangsu dans l'est de la Chine, le 27 septembre 2021 © STR Employees work on a high-voltage line at Wuxi, Jiangsu Province in Eastern China, September 27, 2021

in cities, cuts are generalized. In Beijing, electricity food services have announced service suspensions in the coming days in some neighborhoods, evoking "maintenance work" that would be unrelated to the shortage. These cuts will be able to last 10 hours in some cases.

But it is the "belt of rust", in the north-east of the country, with its thousands of cement plants and steelworks energivorous, which seems among the most affected areas.

In a Liaoning plant, 23 workers were hospitalized for an asphyxia with carbon monoxide, fans having stopped working as a result of a power failure, reported national television.

In the provincial capital, Shenyang, videos show automobiles advancing in the dark, without public lighting or traffic lights.

"Cuts eight times a day and it's been four days that it hard. I do not come back," writes a living on social networks.

Another user complains that shopping centers close earlier and that a mini market must be brightened with the candle.

"We believe in North Korea ..." He writes.

PRW / ROX / BAR / EHL / BT

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