Discover and read the best of Twitter Threads about #发改委
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4. Is this regulation something new? It is officially codifying existing facts on the ground. The rumor is after the Edu regulation debacle/Edu Minister fired, this is govt trying to set it officially, so private capital doesn’t come in, then got banned, raising another uproar.
5. Will @caixin_intel /@Caijing be banned now? Likely not. They are state owned media, as Twitter labelled them thus, even though in China, they are considered somewhat opposition media and got article censored left and right.
6. What about Weibo/Tencent? First order effect are small because they were only in news distribution business, never in having actual journalists and news creation business. But there are some secondary effects.
1. A recap on #China electricity shortage, National Development and Reform Commission (#NDRC) that’s at the center of news, and what’s next.
2. Like any sudden shortage, it’s demand, supply, low slack and sudden shock. Due to low price of Coal in 2020 right after Covid, and government's push to reduce overcapacity and carbon emissions, coal inventory was low. China electricity is 70%+ coal power. 
3. This September 3rd Moody’s report on coal sector was a 2 weeks early to be noticed. They mention 10 largest producers – all SOEs – accounted for nearly 53% of China's coal production in 2020, while three regions represented 70% of total production
moodys.com/research/Moody…
moodys.com/research/Moody…
