Business Dynamic (10)-China’s Demonstration Of Diplomatic Power Has Backfired On Them
China is famous as the world’s factory, making it an ultra-giant fuel guzzler in Asia. Obviously, the total power consumption per month is intimidating. There are plenty of factories in China which is also the reason behind industrial pollution.
After the US-China trade war, the second national war began in 2021. That started when Australia called for an international investigation into Covid-19 in several Chinese areas, and China was so upset that they prohibited importing coal from Australia.
As far as I can figure, it is likely that two-thirds of China’s electricity comes from coal-fired plants, and ninety percent of the fuel is from local areas. So it is hard to increase local output at short notice since coal exports are prohibited. According to the numbers of daily power consumption, China must look farther afield to find additional fuel exports to ensure its power supply.Otherwise, the power shortage crisis will sabotage the their balance between supply and demand.
In the quest to find a study to support my perspective, China has demonstrated the best facts with its official power cut policy. That allows local officials to force the factories in several Chinese areas to sit idle to curb limits on energy usage. As well as ensuring that there is enough power saved to be used the following winter.
Because the manufacturers used up the limited quota for this year and the government wants to show off its political power, that drags others down to suffer a shut down by blackouts at the same time. It is unfair for locally profitable businesses to bear this overwhelmingly. On a personal note, the power cut policy is likely an order to call in unpaid leave. Specifically, some people call it a furlough.
Relative to bloody wars in the past, modern battles are more peaceful and politically diplomatic. Perhaps prohibition of exports is what Chinese authority takes for granted showing off its privileges in the international world. But those privileges come with a price tag that not all Chinese citizens can afford. After years of toiling away at building an Asian empire, now China is tasting backfire as blackouts that last for a while.
