Indian journalist Jayanthi Iyengar reported from Asia Times: “China has often been described as a country of paradoxes. This could very well be true in the country’s power generation sector, which is likely to yo-yo between surpluses, shortfalls and yet again surpluses within the short span of the decade that began in 2000.
And, the energy crisis seriously affects foreign firms operating in China. Some, like Sony and Volkswagen, have cut back on production. Others have either left or are wary. Even many foreign investors in power utilities have moved out. Taiwan warns its investors to stay home, come home or invest elsewhere in Asia because of China’s energy crisis. ”
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