The impact of state-enforced power cuts in parts of China is becoming evident with one example being worker unrest. Worker protests have broken out in a major city in the country’s east coast economic center the Yangtze Delta, due to lower wages and shortened work hours caused by power restrictions put on factories. In the…
Workers in Yangtze Delta Protest Lower Wages Caused by China’s Power Cuts
October 13, 2021
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ChinaChina Business & EconomyChinese RegimejiangsuKunshanmigrant workerspower cutspower rationingSocial IssuesSuzhou
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China Orders Bank Funding to Boost Domestic Coal Production
October 7, 2021
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Asia & PacificBusiness & EconomyChinaChina Business & EconomyChinese Regimecoal productionPower Crunchpower rationingWorld
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Beijing has ordered its banks to support the financial needs of coal and energy companies. With nearly two-thirds of provinces grappling with power rationing, China’s power supply situation continues to challenge the economy. “Banks and other financial institutions should prioritize lending to qualified mines and power plants, and make them ensure to boost thermal coal…
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