Investors are used to periodic campaigns against energy intensive sectors like steel and cement in China. But a new round of power cuts driven by Beijing’s ambitious climate targets now threatens to do wider damage.

Particularly worrying: some of China’s most export-oriented, dynamic provinces are among the worst energy guzzlers, according to Beijing.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows

Job growth fared better than expected in April despite bank turmoil and…

N.Y. Jets icon Joe Namath allegedly allowed sexual abuse at his camp, lawsuit says

A Florida real estate broker is accusing New York Jets icon Joe…

Forced Labor a ‘Top-Tier’ Compliance Issue, Says U.S. Official

A newly operative U.S. law is imposing major hurdles on the importation…

Disney to Cut Costs, Says Layoffs Likely

.css-j6808u{margin-left:10px;margin-right:10px;} .css-1elqs3z-Box{margin-bottom:var(–spacing-spacer-4);display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;} .css-1xk85qb-BreadcrumbsWrapper{font-size:var(–typography-summary-font-size-s);font-family:var(–font-font-stack-retina-narrow);font-weight:var(–typography-summary-standard-s-font-weight);text-transform:uppercase;}@media print{.css-1xk85qb-BreadcrumbsWrapper nav ul{margin-left:0px;}.css-1xk85qb-BreadcrumbsWrapper nav li{font-size:var(–typography-summary-font-size-s);padding-left:0px;color:var(–secondary-text-color);}.css-1xk85qb-BreadcrumbsWrapper nav li a:after{content:”;}.css-1xk85qb-BreadcrumbsWrapper a{-webkit-text-decoration:underline;text-decoration:underline;color:var(–color-black);border-bottom:none;}.css-1xk85qb-BreadcrumbsWrapper…