A parking attendant gestures as he stands below power lines in Beijing on October 13. China’s post-pandemic economic rebound has relied heavily on energy-intensive industrial production and property construction, creating sizeable demand for electricity over the past year. Photo: AFP
A parking attendant gestures as he stands below power lines in Beijing on October 13. China’s post-pandemic economic rebound has relied heavily on energy-intensive industrial production and property construction, creating sizeable demand for electricity over the past year. Photo: AFP
David Chao
Opinion

Opinion

Macroscope by David Chao

What do rising energy prices mean for inflation in China and the US?

  • While energy and commodity investments are a good hedge against inflation, recent prices have been very high
  • It’s likely that the worst of the energy crisis is behind us in China, though the near-term outlook is less certain in the US and Europe

A parking attendant gestures as he stands below power lines in Beijing on October 13. China’s post-pandemic economic rebound has relied heavily on energy-intensive industrial production and property construction, creating sizeable demand for electricity over the past year. Photo: AFP
A parking attendant gestures as he stands below power lines in Beijing on October 13. China’s post-pandemic economic rebound has relied heavily on energy-intensive industrial production and property construction, creating sizeable demand for electricity over the past year. Photo: AFP
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