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Was this newsletter forwarded to you? Sign up here First China’s zero-Covid policy, then property woes, now a power crisis tests Beijing ahead of key event Andrew MullenDeputy Editor, Political Economy 10 September 2022
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Dear Global Impact Readers,
The adage goes “with great power comes great responsibility”, but who is responsible when the great power needed to light up and drive the world’s most populous nation runs out?
At the moment, Mother Nature is the main suspect behind China’s second power crisis in less than a year, having hit the southwestern Chinese province of Sichuan in July and August after drought wreaked havoc on the hydropower-reliant region. In this issue, Wendy Wu, the Post’s economy editor, looks back at the latest crisis and asks what is next for China as it seeks energy security. In other news, we will be taking a break from our regular schedule in the coming weeks as China’s 20th party congress looms into view. Given the magnitude of the five-yearly event where major leadership changes are announced, and where Xi Jinping is expected this year to secure a third term as party’s leader, we will be focusing the coming issues on the key event that gets under way in Beijing from October 16. As the Post always looks to provide our readers with a window into China, given the 20th party congress will take up so much of the view over the next couple of months, we felt it only right we devote our flagship newsletter to such a key event to bring the latest news and analysis from our team of reporters in China and around the world straight into your inbox each week.
Deputy Editor, Political Economy
Challenges ahead for China
When the Baihetan Dam, the world’s second-largest hydropower plant, located in the southwestern Chinese province of Sichuan, became fully operational in July and began sending electricity more than 2,000km across China – eastward to Jiangsu province via a newly established ultra-high-voltage grid – few could have foreseen that a drought-induced power crisis was looming on the horizon.
Tiếp tục đọc “China’s power crisis adds to headaches ahead of the 20th Party Congress” →