Comment China detected a bubble and acted (Score 1) 44
Earlier this year China's planners saw a bubble develop as money was being poured in to data centre construction. In response, China added a Federal layer of planning approval above provincial government planning approval.
The Federal layer heavily favours planning approval for data centres that have easy access to abundant cheap energy - not just in a contract price sense, but in terms of a direct connection to nearby physical generation capacity. That pretty much factors down to solar+wind=>battery=>data centre. In a geographical sense that means approvals are much easier if the data centre is in Inner Mongolia, Gansu, or Xinjiang. As such, China has introduced data centre hubs.
Fun fact #1: 80% of the compute components must be manufactured inside China.
Fun fact #2: Foreign ownership is encouraged via data centre free trade zones.