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China’s power cuts widen amid shortages and climate push
24.09.2021
Word is just in that the Chinese government has cut power supplies to some factories, effective immediately, for four days, as a result of environmental non-compliance.
Factories in more than 10 provinces are affected, including Jiangsu, Zhejiang and Guangdong. The closures will no doubt add to the congestion and disarray plaguing industry at the moment. Bloomberg reports
News on topic
Source: Lloyd's Loading List
Source: Railfreight
Source: Railfreight
Analytics on topic
Report
11.12.2020
Report
11.12.2020
Consumers, one of the key drivers powering China’s economic rebound, have regained confidence and are spending at levels seen before the outbreak of the COVID-19 pandemic.
Source: McKinsey
Report
18.10.2021
Report
18.10.2021
At the end of 2020, the trade turnover between the Benelux countries and China amounted to about USD 98 billion, of which USD 26.09 billion accounted for exports to China and USD 71.86 billion - for import.
Source: ERAI