At least 21 of China’s 31 provincial-level jurisdictions are rationing electricity to meet Beijing’s annual emissions reduction targets after failing to make progress earlier in the year. Photo: AFP
At least 21 of China’s 31 provincial-level jurisdictions are rationing electricity to meet Beijing’s annual emissions reduction targets after failing to make progress earlier in the year. Photo: AFP

China’s power crisis – prompted by emission targets, spiralling coal prices – infuriates global firms, pushes up manufacturing costs

  • Some 30 listed companies have issued warnings this month – up from four in August, warning that the power cuts have negatively impacted production and profits
  • Hong Kong-listed apparel supply chain manager Lever Style says the power cuts may force companies to rethink their garment production plans in China

At least 21 of China’s 31 provincial-level jurisdictions are rationing electricity to meet Beijing’s annual emissions reduction targets after failing to make progress earlier in the year. Photo: AFP
At least 21 of China’s 31 provincial-level jurisdictions are rationing electricity to meet Beijing’s annual emissions reduction targets after failing to make progress earlier in the year. Photo: AFP
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