Erik Baark takes a bird’s eye view of the structure of energy supply and demand in China, analysing how macro issues led to the September 2021 rash of power cuts across China. He notes that China's continued development needs energy, and a shift from heavy industries to services or high-tech fields does not mean that the country's energy needs will decrease. The Chinese government is looking to new and renewable energy resources to take the place of the old, but transitioning to new energy sources is not an easy process, especially when different actors are trying to protect their own terrain and a mindset change is necessary. It will be a tall order for the Chinese government to get local governments, old power grid corporations and the public to align with new policies and thinking. All this means that power cuts will not be going away anytime soon.
Weather
Society
With the recent severe rainfall and flooding in Zhengzhou, Zaobao correspondent Wong Siew Fong speaks to academics, who warn that China’s water infrastructure and weather drainage systems may not be suitable for the advent of extreme weather, and the authorities need to act quickly to bridge the gap.
Society
In the wake of floods in Henan and the case of a hotel that raised its prices sky-high, Henan native and economics professor Li Jingkui gives a rejoinder to purists who swear by market-based resource allocation. He says sometimes, special circumstances warrant intervention to ensure an orderly distribution of resources. Profiting from the misfortune of others is certainly not a virtue according to Confucius or any good economist.
Society
Zaobao correspondent Edwin Ong notes that even as disaster relief continues after massive floods in Zhengzhou, people are pointing fingers at the authorities, saying that early alert systems and coordination between agencies can be improved. As natural disasters increase due to climate change, will governments be forced to pay greater attention to preparing for unforeseen events?
Technology
Water, electricity and Covid-19 vaccines — critical elements to keep Taiwan’s leading chip industry going — are in short supply. The situation is currently manageable, say industry watchers, but if this goes on, can Taiwan withstand the pressure and continue delivering the goods to the world?
Society
Close to 20 million people across 26 provinces and cities in the areas spanning China’s southwestern region to the midstream and downstream areas of the Yangtze River have been displaced due to severe flooding over the past few weeks. The Three Gorges Dam has long been held up as a bulwark against such massive floods in the area, but recent signs that it is literally buckling under the pressure cast doubts on its ability to be an effective flood control mechanism.