Electricity rationing measures in China
The mood in China’s manufacturing industry is darkening.
The Hong Kong-based South China Morning Post reports that power rationing measures have been introduced in 20 of 31 provinces. Coal shortages are to blame, as is Beijing’s drive to meet emission reduction targets.
This affects not only industries, but also other businesses, public consumers and private households. As provincial governments have taken different measures to reduce electricity consumption, the negative impact of these measures on the production efficiency of factories and/or their suppliers can vary widely across the country. However, it is likely that the impact will be felt permanently in the coming months.
Our local offices are now proactively contacting various shippers for details. If you have any questions about the situation with a particular supplier, please get in touch with your in-house contact and we will gather information on the latest development from our local offices for you.
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