India’s electricity demand grew 4.9% during the first half of October, with supply falling short of demand by 1.4% despite a 3.2% rise in coal-fired generation and 30% rise in Continue Reading
Factory owners in China and their customers worldwide have been told to prepare for power supply disruptions becoming part of life as President Xi Jinping doggedly weans the world’s second-biggest Continue Reading
China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and Continue Reading
Taiwan tech giant Foxconn (2317.TW) unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple Inc Continue Reading
China’s power woes look set to intensify as coal prices rose to a record on Monday following data showing supply of the fuel fell in September adding to concerns that Continue Reading
China daily crude oil processing rate fell again in September, to the lowest since May 2020, as feedstock shortage and environmental inspection crippled operations at refineries and a power crunch Continue Reading
WATCH: Helen Qiao of BofA Global Research discusses what the latest figures say about the state of China’s economy. China’s housing slump and electricity shortages dragged down economic growth last Continue Reading
China’s economy slowed rapidly in the third quarter under the stress of a property slump and electricity shortages. Beyond the headline numbers though, the dataset had a few other interesting Continue Reading
Gross domestic product grew 4-9 per cent year-on-year between July and September, according to data released by the National Bureau of Statistics on Monday, compared with 7-9 percent in the three Continue Reading
Steel mills have faced power cuts. Computer chip shortages have slowed car production. Troubled property companies have purchased less construction material. Floods have disrupted business in north-central China. It has all taken a Continue Reading
