Michael Lelyveld: Efficiency, Price Reforms Key to China’s Power Shortages: Experts

From Radio Free Asia:

China is once more attempting to solve massive energy shortages by forcing businesses to close during peak summer months, but experts say nationwide improvements to energy efficiency and reforms of the centrally planned price structure are the key to the country’s power problems.

Shanghai“China’s biggest consumer of energy”has ordered 3,000 businesses to take forced vacations this summer because of power shortages, marking the third year in a row of costly shutdowns, state media reported.