In the longer term, the rolling cuts are the product of a clash between the power and coal industries over price and profits, with Beijing standing by, sometimes ineffectively, as referee.

 
  • 其实,电力和煤炭行业的角力由来已久,两家在定价和利润问题上交锋多次,中央政府从中调停,仅偶尔奏效。
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