China’s power crisis: European firms brace for situation to ‘get worse’, as electricity shortages rattle supply chains

A European business group on Wednesday voiced concern about China’s power crisis, saying it is likely to delay shipments of goods and some companies are angry with poor communication about electricity cuts.The European Union Chamber of Commerce in China (EUCCC) said it was closely monitoring the situation ahead of the winter heating season, which starts in the country’s frigid northeast on Friday before being rolled out in other regions.Widespread power shortages have hobbled industrial output…


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