China’s Power Companies Pressed To Support Industry – Analysis

China’s Power Companies Pressed To Support Industry – Analysis

Eurasia Review

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By Michael Lelyveld

China’s government has administered a shock to the electricity industry with a new pricing reform plan as it tries to power the economy by cutting industrial rates.

On Sept. 26, an executive meeting of the cabinet-level State Council chaired by Premier Li Keqiang “decided to promote market reform of...

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