Energy crunch looming
By Wang Zhenghua | China Daily | Updated: 2011-05-17 07:54
Surging demand and drought blamed for severe power shortages
SHANGHAI - Power shortages that gripped many parts of the country in recent months could herald the worst energy crunch in years amid growing concerns that economic growth may suffer.
Power cuts and blackouts since March, due to price controls, surging demand and a drop in hydropower production because of drought, have hit businesses in coastal areas and some inland provinces.
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