This can only mean one thing. The Chinese government wants to use that electricity for something else.
Yes, they want to use that electricity for their factories and population.
China is a huge importer of energy, they are buying coal gas oil everything.
They even plan on buying LNG from the US.
It's about trying to be less reliant on imports and when you think about the 2 trillion in exports that feed the Chinese economy the tiny income from mining is not worth the risk.
Especially since because of NK sanctions they have to forfeit a lot of coal imports.
But this is probably the best news I've got in a month time!!!!!