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  • Emmanuel Macron
    Emmanuel Macron “If the Russians were to break through the front lines, if there were a Ukrainian request [of sending ground troops to Ukraine], which is not the case today, we would legitimately have to ask ourselves this question.” 23 hours ago
  • David Cameron
    David Cameron “We will give three billion pounds every year for as long as is necessary. We've just really emptied all we can in terms of giving equipment. The aid package was the largest from the UK so far. Some of that (equipment) is actually arriving in Ukraine today, while I'm here. Ukraine has a right to use the weapons provided by London to strike targets inside Russia, and that it was up to Kyiv whether to do so. Ukraine has that right. Just as Russia is striking inside Ukraine, you can quite understand why Ukraine feels the need to make sure it's defending itself.” 23 hours ago
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China's power crunch

Page with all the IPSEs stored in the archive related to the Context China's power crunch.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

“The relaxation of thermal power pricing is a positive for growth by reducing power outages. However, this comes with a further rise in price pressures, as power companies can now pass on higher input costs to their commercial and industrial customers.”

author
Co-head of Asian Economic Research at HSBC
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“The crisis was caused not by supply shortages but an inflexible grid system. The solution ... isn't simply relying on increasing power generating capacity, but boosting the ability of the grid to adjust peaks and solve the serious mismatches between energy loads and energy supplies.”

author
Researcher at the industry research group the China Society for Hydropower Engineering
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“We can afford it for just four days, but if it's for longer, then the costs are too much, so we can't survive. We are willing to make it work because the country needs it, but if (power curbs continue) in the long run, we have to think of a way out.”

author
Chinese businessman who runs an industrial laundry service in Shenyang, the capital of Liaoning
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“The real crisis looming in the Chinese economy does not concern 'Evergrande,' but the power shortage. Market watchers expect the Chinese government to continue to push for a strong carbon-neutral policy ahead of the Beijing Winter Olympics scheduled from Feb. 4 to 20 next year [2022], and this could significantly slow industrial activities. China has tightened production regulations in line with a green initiative. The recent surge in the price of aluminum is explained in large part by production difficulties due to stricter environmental regulations, compounded by rising demand from eco-friendly industries including manufacturers of EVs and batteries.”

author
Chief economist at HI Investment & Securities
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“This power shortage will carry huge econ & political implications. But let's set the record straight, the root cause is high coal price, NOT climate policies. You only prove the spin of the heavy industries effective if you believe the latter is the reason.”

author
Senior Policy Advisor at Greenpeace East Asia
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