May 27 (Bloomberg) — Rajesh Panjwani, an analyst at CLSA Asia-Pacific Markets in Hong Kong, talks about China’s Energy shortage and its potential impact on the nation’s economy.
Coal prices may climb to the highest level in almost three years as China’s worst drought in half a century depletes hydroelectricity supplies, prompting utilities to burn more fossil fuels amid a nationwide power squeeze. Panjwani speaks with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)
Duration : 0:4:10
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