News Snapshot:
SINGAPORE – A shortage of electricity in China that is causing factories to close and hurting global supply chains could result in higher prices of some imports here and hinder the economic recovery if it persists over the next few months, experts said. China’s power crunch, caused by soaring coal and natural gas prices and energy consumption curbs to meet a national climate directive, comes in the wake of several port closures and a jump in freight rates. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month - Latest headlines...
