Tight supply on the world’s dirtiest commodity in China has triggered a plunge in the production of Chinese goods. The situation has led to shortages in the global supply chain from high tech and electronics to toys and clothing.
A number of Apple and Tesla suppliers have suspended production at some Chinese factories this week to “comply with the local governments’ electricity limiting policy.” According to the South China Morning Post, at least 20 out of 31 provincial jurisdictions were forced to adopt electricity rationing measures last week, which has already resulted in operating restrictions in the industrial and manufacturing sectors.
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