– Northeast China’s Shenyang, capital of Liaoning Province has been through a sudden and unexpected power curb – Chinese thermal coal futures have more than doubled in price in the past year – One Chinese power company said it expected the power cuts to last until spring next year Just yesterday we warned that a “Power Supply Shock Looms” as the energy crisis gripping Europe – and especially the UK – was set to hammer China, and just a few hours later we see this in practice as residents in three north-east Chinese provinces experienced unannounced power cuts as the electricity shortage which initially hit factories spreads to homes. People living in Liaoning, Jilin and Heilongjiang provinces complained on social media about the lack of heating, and lifts and traffic lights not working. Northeast China’s Shenyang, capital of Liaoning Province has been through a sudden and unexpected power curb. […]