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Shenzhen’s record power use in 2021 hints at healthy economic growth, despite US-China tech war

Summary:
[unable to retrieve full-text content]Power consumption in China’s tech hub Shenzhen hit a record high last year, pointing to healthy economic growth despite sanctions from Washington on several of its biggest companies and disruptions to global supply chains caused by the pandemic.Electricity consumption in the southern city rose by 12.2 per cent from a year earlier to 110.34 billion kilowatt-hours (KWH) in 2021, breaking the 100 billion KWH threshold for the first time, according to the data from China Southern Power Grid…

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[unable to retrieve full-text content]
Power consumption in China’s tech hub Shenzhen hit a record high last year, pointing to healthy economic growth despite sanctions from Washington on several of its biggest companies and disruptions to global supply chains caused by the pandemic.Electricity consumption in the southern city rose by 12.2 per cent from a year earlier to 110.34 billion kilowatt-hours (KWH) in 2021, breaking the 100 billion KWH threshold for the first time, according to the data from China Southern Power Grid…

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