China yesterday increased the “on-grid price of coal-fired electricity” from (depending on which paper you read) 5 to 6% . Retail electric rates remain unchanged.
This latest price rise, unlike the 4.7% increase in (primarily industrial) retail rates which became effective on July 1, does not have any direct inflationary potential. Thus, it was a relatively [...]
China’s Power Politics
August 20th, 2008 · No Comments
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