What Caused China’s Coal Crunch?
In late January and February, China’s power producers were facing a coal crisis.
Snowfall and severe weather had caused thermal coal consumption for residential heating to remain at unusually high levels, and power companies in some parts of China saw their coal inventory fall to only two or three days’ supply — emergency levels far below the 15 days’ supply they usually try to maintain.
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas