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BizBeat Ep. 231: Power shortage is short-term volatility
Updated 16:09, 30-Sep-2021
02:49

The recent power cuts in China have led to mounting investor concern, with some foreign institutions lowering their projection of China's economic growth. However, there is no need to be worried. Energy consumption is part of China's active choice to tackle climate change. With China moving toward green energy, the transformation will face some short-term challenges, but China is fully capable of meeting these challenges and will achieve long-term sustainable and high-quality development.

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