China Tells Top Energy Firms to Secure Supplies at All Costs

The video discusses China's energy crisis, highlighting an emergency meeting led by Vice Premier Han Zhang. The meeting addressed power blackouts due to high demand and insufficient supply, particularly in the industrial sector. China's increased demand for thermal power and coal shortages have impacted global energy markets, causing price surges in liquefied natural gas and other commodities. The situation also affects Europe, which competes with China for energy resources, leading to potential price hikes during an unusually cold winter.

In what ways are European consumers expected to be affected by the energy situation in China?

What does the text suggest about the expected weather conditions for the rest of the winter?