What China’s Dramatic Drop In Energy Demand Means For Its Economy

The fallout of China’s zero COVID policy is spreading as economic downturns and social unrest intensifies across the nation. The Chinese government’s head-scratcher of a decision to eradicate COVID completely – a feat which experts agree is impossible as the virus is already widespread, ultra-contagious, and continuing to mutate. In what is by all accounts a misguided attempt to crack down on COVID, China has imposed partial or full lockdowns on dozens of cities, including the major economic hub of Shanghai. The move has made…