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Message Subject China's economy skids as lockdowns hit factories, retailers
Poster Handle dabrute
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China’s Coal and Gas Power Plummets as Covid Zero Hammers Demand

[link to finance.yahoo.com (secure)]

Electricity generation fell in April from the prior month to 608.6 billion kilowatt-hours, a decline of 4.3% on the same period last year. Thermal power output plunged to an even greater degree, down 12% for the biggest drop since 2008, as the share of renewables increased at the expense of coal and gas and China installed more solar capacity than expected in the first quarter.
 
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