Many companies in South China lost production capacity during the power crisis in 2021. A coal-fired power station (above) in Nanjing in Jiangsu province, China. Photo: Chinatopix via AP
China manufacturing: almost half of southern firms lost production capacity during power crisis, survey shows
- Nearly half of the companies surveyed lost significant production capacity, says a survey from the American Chamber of Commerce (AmCham) in South China
- Most respondents believed the US-China trade dispute may expand in 2022, and optimism about the future is lower than the previous year
Many companies in South China lost production capacity during the power crisis in 2021. A coal-fired power station (above) in Nanjing in Jiangsu province, China. Photo: Chinatopix via AP
