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China's growing power shortage, driven by tight coal supplies and toughening emission standards has, for weeks, halted production at several factories in key industrial hubs
China's growing power shortage, driven by tight coal supplies and toughening emission standards has, for weeks, halted production at several factories in key industrial hubs
Global shoppers face possible shortages of smartphones and other goods ahead of Christmas after power cuts to meet official energy use targets forced Chinese factories to shut down and left some households in the dark.
Coal prices in China are unlikely to continue surging in the near future, as major Chinese coal producers are trying to resolve supply shortages and curb price increases, said a national-level coal trading platform.
Power cuts in China to meet official energy use targets have forced many factories to shut down and left some households in the dark.