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Distracted by the ‘grandness’ of the collapse of China’s property development market, many have missed the fact that China faces a crisis that could directly hit Asia’s economy just as hard as a financial collapse – a nationwide power supply shock.
After ramping up its coal-based power production earlier in the year, it appears Beijing has suddenly grown a conscience over its emissions and the ‘average joe’ could be about to feel the pain of that decision.-
Learn More: https://www.zerohedge.com/geopolitical/power-supply-shock-looms-global-markets-will-feel-pinch-very-soon-chinas-next-crisis
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