EDITORIAL: Reinvesting during China’s outagesOver the past two to three decades, Taiwan’s tepid economy has been routinely compared with China’s rapid growth. China’s continuous growth has led some to think that it would leave its rivals, including the US, far behind. In the peak season for manufacturers, Beijing has had to resort to power rationing because of electricity shortages in some parts of China. Whatever its goals, Beijing’s unexpected power rationing has not only affected Chinese industries, but also foreign companies, including those in Taiwan. The business environment in China — from regulatory tightening to Evergrande Group’s financial turmoil to the recent power rationing — is deteriorating, pushing investment risks higher.

Source: Taipei Times October 03, 2021 15:56 UTC