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China’s Drought and Power Crunch

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China’s slowing economy is being pummeled by severe weather. From a record drought in the south to heavy rains in the north, the issues are really worsening power and food shortages at a critical time for President Xi Jinping. Stephen Engle reports on Bloomberg Television.
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43 Comments

43 Comments

  1. @JazzyGinger1

    January 19, 2024 at 8:29 pm

    May I share an Old Testament Verse with you from Daniel 7:14 "And there was given him dominion, and glory, and a Kingdom, that all people, nations, & languages, should SERVE Him; his dominion is an Everlasting dominion, which shall not pass away, and his kingdom shall not pass away, & His Kingdom that which shall not be destroyed."

    God the Father loves you so much that He sent Holy Sinless Jesus (His Holy Son) to earth to be born of a virgin.Then, to grow up and die on a cross for our sins. He was in the tomb for 3 days, then Father God raised Holy and Sinless Jesus Christ (Y'shua) to Life! He appeared to people & went back to Heaven. We must receive Sinless Jesus sincerely to be God's child(John 1:12).After we get saved by grace through faith in Christ, if we truly love the Lord Jesus Christ, then we will obey Jesus(John 14:15). Mark 1:15 "And saying, the time is fulfilled, and the kingdom of God is at hand: Repent ye, and believe the gospel." Jesus said in John 14:15 "If you love Me, keep My commandments. "There's a real hell. It says in Revelation 21:8 "But for the cowardly, & unbelieving, and abominable, and murderers, & immoral persons sorcerers & idolaters & all liars, their part will be in the lake that burns with fire & brimstone…" Please sincerely receive Holy Jesus and put your true faith and trust in Him today and please repent. Will you have a Real encounter with Holy Lord Jesus (Y'shua is His Hebrew Name) and stay in a Genuine relationship with Him daily please?

  2. @chianalor346

    January 19, 2024 at 8:29 pm

    This information in holy Bible
    Habakkuk:2.5.20
    And chapter:3.2.6

  3. @profoundminds_9021

    January 19, 2024 at 8:29 pm

    What started migration? probably climate change.

  4. @abby54

    January 19, 2024 at 8:29 pm

    Then Jesus said to the crowds and to his disciples:
    "The teachers of the law and the Pharisees sit in Moses’ seat.
    So you must be careful to do everything they tell you.
    But do not do what they do,
    for they do not practice what they preach.

    They tie up heavy cumbersome loads and put them on other people’s shoulders,
    but they themselves are not willing to lift a finger to move them.
    Everything they do is done for people to see:
    They make their phylacteries wide and the tassels on their garments long;
    they love the place of honor at banquets and the most important seats in the synagogues;
    they love to be greeted with respect in the marketplaces and to be called ‘Rabbi’ by others.

    But you are not to be called ‘Rabbi,’ for you have one Teacher, and you are all brothers. And do not call anyone on earth ‘father,’ for you have one Father, and he is in heaven. Nor are you to be called instructors, for you have one Instructor, the Messiah. The greatest among you will be your servant.
    For those who exalt themselves will be humbled,
    and those who humble themselves will be exalted".

    YOU SHALL NOT MAKE FOR YOURSELF AN IMAGE in the form of anything, in Heaven above or in the Earth beneath, or in the waters below. You shall not bow down to them, or worship them, for I the Lord your God am a jealous God, punishing the children for the sin of the parents, up to the third and fourth generation of those who hate me, but showing love to a thousand generations of those who love me, and keep my commandments.

    If my people who are called by my name, humble themselves and pray, AND TURN FROM THEIR WICKED WAYS, I will hear from Heaven, will forgive their sins, and will heal their land.

    AND WHEN YOU PRAY DO NOT BE LIKE THE HYPOCRITES, for they love to pray standing in the synagogues and on the street corners, to be seen by others. Truly I tell you, they have received their reward in full.
    BUT WHEN YOU PRAY, GO INTO YOUR ROOM, close the door, and pray to your Father who is unseen. Then your Father, who sees what is done in secret, will reward you.
    And when you pray, do not keep on babbling like pagans, for they think they will be heard because of their many words. Do not be like them, for your Father knows what you need, before you ask him.

    This, then, is how you should pray:

    Our Father in heaven,
    hallowed be your name,
    your kingdom come,
    your will be done,
    on earth as it is in heaven.
    Give us today our daily bread.
    And forgive us our debts,
    as we also have forgiven our debtors.
    And lead us not into temptation,
    but deliver us from the evil one.

    For if you forgive other people when they sin against you,
    your heavenly Father will also forgive you.
    But if you do not forgive others their sins,
    your Father will not forgive your sins.

    "Matthew 5-7 NIV Bible Gateway", we can use google search.
    These are the teachings,
    The Righteousness of our Lord Jesus Christ our God.
    REPENT, and start doing what is right.
    If you abide my teachings, you are really my disciples;
    then you will know the truth, and the truth will set you free.

    Yet a time is coming and has now come
    when the true worshipers will worship the Father in the Spirit and in Truth, for they are the kind of worshipers the Father seeks.
    GOD IS SPIRIT, so his worshipers must worship in the Spirit and in Truth.

    In the New Heaven and the New Earth,
    only Righteousness dwells.
    May the Spirit of our Lord Jesus Christ our God be with you all.

  5. @ChineseRepOfTaiwan

    January 19, 2024 at 8:29 pm

    But the almighty Emperor Xi's country said they stop all climate change policy discussions and collaborations with US because of Taiwan. Keep up the heat then, China

  6. @Jodoe243

    January 19, 2024 at 8:29 pm

    Poor China is having DROUGHTS, FLOODS, QUICK, CLIMATE, DRUGS, RACIAL UNREST, GUNS VIOLENCES, FOREVER FOREIGN WARS, MASSIVE NATION DEBTS, INFLATION, RECESSIONS, ENERGY & FOOD SHORTAGES, ETC.
    God is punishing China, no other country have any such problems.
    China is sinking, the West is floating………face dowm.

  7. @shannobailey2917

    January 19, 2024 at 8:29 pm

    Up! Yet joe biden send are oil to china?

  8. @shannobailey2917

    January 19, 2024 at 8:29 pm

    American service men saved you from Japan. That is history! Lucky it up!

  9. @shannobailey2917

    January 19, 2024 at 8:29 pm

    Xi is your problem.

  10. @shannobailey2917

    January 19, 2024 at 8:29 pm

    Dear china your paying for a house that doesn't exist. Grow a skull

  11. @ratumelimatanatoto2488

    January 19, 2024 at 8:29 pm

    Russia to supply gas and fuel to China and India who will make goods and services to be sold to the world and Russia to fully cut gas supplies to Europe due to its sanctions against Russia. Sanctions be damned.
    Let the Europeans stew. General Winter is coming.

  12. @nyerling5723

    January 19, 2024 at 8:29 pm

    Russia and China can build as many gas and oil pipelines necessary from Siberia to feed China’s energy needs for years to come.
    For Russia,they can stop supplying energy commodities to Europe and sanctions be damned.

  13. @DaviMKim

    January 19, 2024 at 8:29 pm

    ⚠️ Commies biulted more than 1000 dams over 20 years, so they changed the climate artificialy, thats the result 🪰🪰🪰🪰 💩 🪰🪰🪰🪰🤷‍♂️🤦‍♂️

    🤷🤦 China Comunist Party poluited their Rivers and water canal under earth with Factors and minning. They do many 💩 with their Nature and have serious issues with polluition 👀👀👀👀👀👀👀👀👀

    They even have FOOD Scam/schemes there, where they sell Fake food: Rice, milk, Oil, eggs + etc ☠️

    CCP is the Human Kind/Earth cancer. That's What you GOT when you don't 🪓 WIPE your enemies Reagan 🥲

  14. @deniselogan2733

    January 19, 2024 at 8:29 pm

    Know what gets left out of every story on “drought & rivers dryng up”? The real culprits! Left out of MSM reporting is that the fact that semi conductor chip fabs need a lot of water to operate. By some estimates, a large chip fab can use up to 10 million gallons of water A DAY which is equivalent to the water consumption of roughly 300,000 households. Meanwhile, these plants will be exempt from water restrictions. Journalism, not coverups for corporate theft of precious resources is what we need! Ever wonder why agriculture and wasteful citizens and mysterious climate change are reported as the cause of sudden massive evaporation of entire rivers and lakes and are where the fingers of blame get pointed? No amount of “low flow shower heads”, xeriscape and consumer water saving will offset this outrageous usage and the impact on our survival. Meanwhile these companies receive billions in subsidies to build new plants in areas that will be devastated all while draining our reservoirs and aquifers while they rake in record corporate profits. Not reporting this is despicable pandering on the part of the media. Every time you hear it, call it out for what it is – a media coverup of corporate theft and evidence of their agenda to crush food supply and reduce the population survival while silently transferring massive amounts of wealth to corporate interests.

  15. @sandramonday8878

    January 19, 2024 at 8:29 pm

    Just ends for a Godless empire.

  16. @SeeTheWholeTruth

    January 19, 2024 at 8:29 pm

    The Mandate From Heaven is lost on Xi.
    Another Empire Fallen.. the same history has always done. The same cycle as the sun and magnetosphere. Time for hunger and oppressed people to go after the ones not listening to history and leaving the people vulnerable as a nation.

  17. @Foreverandever789

    January 19, 2024 at 8:29 pm

    " NOW IS THE TIME TO BELIEVE IN JESUS "

    Read John 3:36 in your Bible

    Check out The world is falling apart…JESUS is getting closer and closer

  18. @shawnsmith524

    January 19, 2024 at 8:29 pm

    China is not a country to invest in and make your dreams come true you are better off investing in other countrys were stocks go up not down like china

  19. @theRealDonaldTrump666

    January 19, 2024 at 8:29 pm

    they according to the united states are the worlds largest grain holder . not the most people but the most grain. last year they harvested more rice than ever. its due to salt water tolerant rice they started planting. its irrigated with sea water. this news story didnt work 9 years ago when they ran it. in fact its the same area affected. its not significant for farming now days. the united states should learn that problems abroad wont change negative gdp growth into positive gdp growth and biden supporters should know the great depression was just 2 quarters of sub par growth. no negative gdp growth. its a recession

  20. @jbn03canada

    January 19, 2024 at 8:29 pm

    calgary, alberta canada broke 30 c record 2022. this can be irreversible change. we might be too late to stop the changes because of human's greed. im not an activist, but i live in canada where summer is short. i have observed that each year summer is getting longer.

  21. @RuinStatue

    January 19, 2024 at 8:29 pm

    8 billion people. 75% poor. Good luck.

  22. @pgdog888

    January 19, 2024 at 8:29 pm

    China 🇨🇳 is living rent free in the heads of the west. Any news is news. While here in the states. Drought had hit the south west. Especially California who's the biggest source of vegetables and fruits for the whole nation.

  23. @jerryrichardson2799

    January 19, 2024 at 8:29 pm

    A bunch of "wolf warrior" morons making comments here.

  24. @thecrab3128

    January 19, 2024 at 8:29 pm

    So where's the photos or video of the drought? I dont see it throught out the whole video.

  25. @t42891

    January 19, 2024 at 8:29 pm

    three words…. get f*** china. karma is truly a B*itch

  26. @craigb2183

    January 19, 2024 at 8:29 pm

    How about lake Mead, wtf

  27. @carychen9492

    January 19, 2024 at 8:29 pm

    China …… Ha Ha

  28. @wulung5943

    January 19, 2024 at 8:29 pm

    Is it as bad as the Colorado River and the Hoover Dam?

  29. @MuromachiLines

    January 19, 2024 at 8:29 pm

    What did the western learn from covid?

  30. @ian2487

    January 19, 2024 at 8:29 pm

    We're all fucked, the heat will get worse and worse due to global warming.

  31. @brendatenorio5721

    January 19, 2024 at 8:29 pm

    Not only China affected by dams, droughts, pollution of rivers, countries down river in Vietnam n Cambodia and others will also be affected.

  32. @grannyappleseed

    January 19, 2024 at 8:29 pm

    Praying to the God's and goddesses this farmers crop will be saved.

  33. @followerofjesuschrist.

    January 19, 2024 at 8:29 pm

    "From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand." Matthew 4:17

    "Ye have heard that it hath been said, An eye for an eye, and a tooth for a tooth: But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also." Matthew 5:38-39|

  34. @mogeking56

    January 19, 2024 at 8:29 pm

    Tesla that’s like asking a donkey to plug 🔌 in the outlet at this point

  35. @Michael-ut6mu

    January 19, 2024 at 8:29 pm

    Eli Musk wants to add to his wealth by the heat related deaths of Chinese workers.

  36. @rubyvolt

    January 19, 2024 at 8:29 pm

    Just look at the map of "China" that this FASCIST propaganda channel puts on. Taiwan is NOT the same color so its NOT part of China?

  37. @albertal3

    January 19, 2024 at 8:29 pm

    Who cares. F china. F social scoring! Most of the people are cool, but their insane government is a bigger threat to world peace and what little freedoms we have left.

  38. @carlowingfield7743

    January 19, 2024 at 8:29 pm

    Let's hope Xi Jinping follows the example of the Yangtze River and dries up .

  39. @lukeliem9216

    January 19, 2024 at 8:29 pm

    The China-based Bloomberg reporter sitting comfortably in HK and does not speak Chinese is totally clueless. All he had to do is to watch Taiwan or China based media speaking about the political significance of Xi's trip to the Northeast, but wait, I forgot, he does not understand Chinese!!!

  40. @basque888

    January 19, 2024 at 8:29 pm

    A country with positive growth year after year, the biggest trading partner to most countries in the world. The way western media portray China with a new crisis every week, you'd think China would look like Somalia by now. Thanks Bloomberg. 😂😂

  41. @ZZZ-zl4mz

    January 19, 2024 at 8:29 pm

    China exports booming at 19% over year. That requires tongs on extra energy. It is not lack of power generation. It is to much power demands increased. That is what other countries dreamed about.

  42. @wutangtang8590

    January 19, 2024 at 8:29 pm

    China is crashing everyday, since 30 years🤣🤣

  43. @rotsbelramos7685

    January 19, 2024 at 8:29 pm

    It's "China" fault so God pls 🙏 tell them that a dirty country can't be number one maybe number 1 infected lol 😆

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Business

Modi Targets Gold, Fuel in Austerity Push

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India is tightening its grip on foreign outflows as the Iran war fuels an energy shock. Fuel prices are up, gold and silver imports face tougher curbs, as the rupee has hit a record low against the dollar.
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Why Trump Is Picking New Trade Fight With Canada

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President Donald Trump is vowing to double tariffs on imported Canadian vehicles and parts to 50% starting January 1. Canada is ready to fight back. Talks broke down on Friday. Bloomberg’s Brendan Murray looks at why Trump is starting a new trade fight with his northern neighbor.
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US’s Iran Threat Risks Clash With China; Druckenmiller Criticizes Bond Plan|Bloomberg Brief 08/25/26

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US equity futures rise after chipmakers rebound. US Treasury Secretary Scott Bessent’s plans to isolate Iran risks heightening tensions between the US and China, Tehran’s main trading partner. Billionaire investor Stanley Druckenmiller criticizes Bessent’s plan to spend billions buying back US bonds. Canada is set to announce a range of measures to protect its workers and businesses from 50% US tariffs. Henry Allen of Deutsche Bank sees market risks on the upside amid a borrowing binge in the AI sector.

Chapters:
00:00:00 – Bloomberg Brief Begins; Top Stories & Global Markets
00:00:54 – Global Market Check, European Stocks Rise as Oil Prices Fall
00:02:33 – US Futures & Nvidia Earnings Preview
00:04:03 – First Look Movers: Nvidia, Dick’s & Melrose
00:05:16 – China Defends Iran Ties as U.S. Sanctions Pressure Builds, China, Iran & the Trump-Xi Summit
00:10:07 – Canada Prepares Response to 50% U.S. Tariffs
00:14:13 – Trending on the Terminal
00:15:58 – Strait of Hormuz & Global Energy Supply, How Gulf States Are Bypassing Hormuz, How Energy Majors Are Managing Hormuz Risk
00:19:30 – Front Page News
00:21:01 – Markets Update
00:22:36 – First Look Movers: Nvidia, Dick’s & CD Projekt
00:24:18 – Henry Allen, Deutsche Bank Macro Strategist, on Drunckenmiller vs. Bessent – Bonds, the Fed & Markets, What Markets Want From Jackson Hole
00:31:16 – Trending on the Terminal
00:32:33 – Iran Warns of Retaliation Against U.S. Economic Pressure
00:37:54 – Volkswagen’s Job Cuts and Turnaround Battle
00:42:05 – What to Watch
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Trump Renames Lake Ontario | Radio Balance of Power: Early Edition 8/27/2026

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On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Tyler Kendall discuss the latest from the Trump Administration. On today’s show, former US Ambassador to Ukraine John Herbst, Maywood Strategies Principal Douglas Farrar, Jersey 1st Founder and President Rosemary Becchi and Bloomberg Opinion Columnist Kathryn Edwards.

Chapters
00:00:00 Radio Balance of Power: Early Edition
00:02:09 Market Update After Nvidia’s Blowout Earnings
00:04:41 Texas Senate Race & Trump’s Push for Ken Paxton
00:05:46 Data Centers Become a Key Texas Election Issue
00:09:48 Russia Prepares to Escalate the War in Ukraine
00:11:01 John Herbst on Russia, Ukraine & NATO Risks
00:13:32 Ukraine’s Air Defense & Russia’s New Offensive
00:17:32 Venezuela Oil, Iran & Economic Sanctions
00:19:04 Market Update: Nvidia Powers Stocks Higher
00:19:36 Trump Speaks From the Oval Office
00:20:51 Trump Renames Lake Ontario “Lake America”
00:22:39 Trump Escalates His Trade Fight With Canada
00:26:16 Trump on Putin, NATO & Mail-In Voting
00:27:58 Iran, Russia & the Strait of Hormuz
00:30:13 Trump Heads to Texas to Back Ken Paxton
00:32:12 Political Panel on the Texas Senate Race
00:33:20 Data Centers & the Midterm Election Backlash
00:39:10 Market Update: Nvidia Surges After Earnings
00:41:13 Jackson Hole & Kevin Warsh’s Big Fed Speech
00:42:30 Fed Independence & the Lisa Cook Fight
00:44:34 What Markets Need to Hear From Kevin Warsh
00:46:30 America’s $40 Trillion Debt Problem
00:49:22 Beef Prices, Tariffs & Consumer Affordability
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Bloomberg Surveillance 8/28/2026

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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day.

Chapters:
00:00 Fed Inflation Fight, Bond Yields and Nvidia’s AI Boom
03:37 Fed Will Cut Rates Before It Hikes — Peter Tchir, Academy Securities
19:52 Countries Need to Prepare for More Energy at Home — Peter Tchir, Academy Securities
31:09 Google’s TPU Opportunity Is Still Underappreciated — Shweta Khajuria, Wolfe Research
40:15 It’s Probably Time for the Fed to Do More — Claudia Sahm, New Century Advisors
53:40 Treasury Supply Angst May Already Be Priced In — Priya Misra, JPMorgan Asset Management
1:07:12 US-Canada Trade Talks Still Have an Opening — Jeannette Lowe, Strategas
1:19:15 Fed Hike Would Be Important Signal to Market — Patrick Harker, Former Philadelphia Fed President
1:28:33 Fed’s Silence Gives Other Officials More Power — Seth Carpenter, Morgan Stanley
1:42:15 Global Bond Yields Still Have a Lot of Catching Up to Do — Subadra Rajappa, Societe Generale Americas
1:53:20 Munster Expects Nvidia Revenue to Grow by 90% in 2027 — Gene Munster, Deepwater Asset Management
2:05:22 Fed Can’t Shrink Its Balance Sheet Much Further — Mark Cabana, BofA Global Research
2:18:25 5% Treasury Yield Would Be a Buying Opportunity — Matt Orton, Raymond James Investment Management
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