China’s Power Cuts Widen Amid Shortages and Climate Push
- Curbs on electricity supplies spread to more than 10 provinces
- Record high coal prices mean power plants operating at a loss
Photographer: Bernardo De Niz/Bloomberg
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Power rationing and forced cuts to factory production in China are widening amid electricity supply issues and a push to enforce environmental regulations.
The curbs have expanded to more than 10 provinces, including economic powerhouses Jiangsu, Zhejiang and Guangdong, the 21st Century Business Herald reported Friday. Several companies have reported the impacts of power curbs in filings on mainland stock exchanges.