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There is little evidence that media organisations have a good handle on China.Unless a lot of media organisations are way off the beam, the consensus is that power rationing is due to the coal ban.
‘The Whole City Was Dark’: China Rations Electricity for Millions (Published 2020)
Warning of coal shortages, officials are trying to curb energy usage by telling residents not to use electric stoves and extinguishing lights on building facades and billboards.www.nytimes.com
‘It hit us badly’: China’s businesses left cold by worst blackouts in decade
Provinces across China are struggling with the worst blackouts in nearly 10 years, as authorities try to curb energy use by imposing restrictions on businesses and residents.www.scmp.com
‘Politics come first’ as ban on Australian coal worsens China’s power cuts
Factories and street lights shut down to save energy as embargo contributes to shortageswww.ft.com
China's command economy provides a capped coal "allocation" to provinces for the year, and 2020 has thrown a few other spanners in the works: Earlier and colder winter onset, safety issues curtailing local coal output, exceptionally high year to date energy demand, and year on year exports for November being 21% higher.
The above chart shows China's exceptionally high electricity generation for 2020, especially the second half.
And the chart below shows how the capped allocation affects coal imports:
The media could do a little more research and become more credible, but it ruins a really good story (which @qldfrog has already shown lacks cuisses de grenouilles).
In the long game that China plays, it knows that presently the rest of the world is unable to fill the manufacturing gap that covid has caused in the West, so unfilled orders for now will carry into 2021. And if China actually cared about curtailment problems affecting its economy, it would simply start unloading the 80 or so coal carriers already idle in their ports.
Just to add further context, the 5 provinces in the linked article have a total population of about 300 million, so a few percentage points increase in energy demand over and above record existing demand for this time of year is not that easy to plan for.