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China’s economic recovery faces new hurdle in rising power costs

May 24, 2022 12:13 PM

BEIJING (BLOOMBERG) – Two of China’s biggest provinces are raising power rates for factories amid increased environmental scrutiny and higher fuel costs, adding another obstacle to hitting economic growth targets.

Source : https://www.straitstimes.com/business/economy/chinas-economic-recovery-faces-new-hurdle-in-rising-power-costs

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