The energy crisis in China restricts the manufacturing centers .. What impact on the economy? Teller Report


Source: tellerreport.com tellerreport.com

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BEIJING BEIJING - Dozens of people flocked to subway stations in Chongqing, China, to escape the heat wave in the city last August, as residents complained of power outages that lasted for a few hours a day for nearly a week. Parts of China have been hit by their worst heat wave since records began in 1961, with intense heat from Sichuan in the west to Shanghai in the east, and droughts lowering water levels in hydroelectric reservoirs. This necessitated restrictions on energy use across the country, particularly in the southwestern region, while the Chinese government promised to step up...