TwistedEagle
on September 28, 2021
8 views
⚡⚡China Power Outages Pose New Threat to Supplies of Chips & Other Goods
Coal shortages & efforts to control energy consumption make it harder for factories to operate
Over the past week, local officials have forced factories in China’s Guangdong and Jiangsu provinces to curtail operation hours or shut down temporarily as officials try to rein in energy use...
Government efforts to curb energy consumption & reduce carbon emissions, along with surging coal prices, are leading to power outages across many of China’s manufacturing hubs, threatening to further disrupt strained global supply chains for semiconductors &other vital goods.
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