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China's power crisis hampers its economic growth - Vimarsana News

China's power crisis hampers its economic growth

China, the biggest manufacturing country in the world, is facing an electricity crisis, forcing factories to reduce operations, power consumption, and leading to outright blackouts in some provinces, media reports said. Millions of people are getting affected by what is being considered as one of the worst power crises in the country. The Hong Kong Post reported that 20 of the total 31 provinces are implementing energy-rationing, putting the industry sector of the world's second-largest economy in a fix.

Companies aim to ensure power supply - Vimarsana News

Companies aim to ensure power supply

Living in a small, remote village in Yushan county of Changshu, Jiangsu province, 56-year-old Fan Lihua was surprised to see a team of technicians show up at her home just 20 minutes after she reported a power outage.

China's Energy Crisis Highlights Weaknesses in Xi's Power Plans - Vimarsana News

China's Energy Crisis Highlights Weaknesses in Xi's Power Plans

(Bloomberg) — China’s energy crisis has highlighted weaknesses in one of President Xi Jinping’s top priorities — energy security — that could have…

China's Guangdong to hike electricity prices amid power shortage - Vimarsana News

China's Guangdong to hike electricity prices amid power shortage

Amid rising concerns over a power shortage in the country, China manufacturing powerhouse Guangdong Province said it will widen the peak-to-valley price dif

China's power crisis escalates: Guangdong to hike electricity prices - Vimarsana News

China's power crisis escalates: Guangdong to hike electricity prices

Chinese mouthpiece Global Times reported that this power shortage threatens to weigh down industrial production in the coming months.

Source: newsx.com