Tuesday, April 24, 2007

Taiwan's Looming Power Shortage May Be a Bigger Threat Than China Missiles

(Bloomberg) -- China's missiles may not be the biggest danger to Taiwan. An impending power shortage could cause blackouts within three years and weaken the nation's economy.

Power production is failing to keep pace with demand because of a ban on new nuclear plants and delays in completing projects already underway, says Jeffrey Bor, a fellow at the Chung-hua Institution for Economic Research, which advises the government.


Read more at Bloomberg Exclusive News

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