China extends power rationing for factories in drought, losses to deepen ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 28
Power rationing that forced factories in China's southwest to shut down has been extended through at least Thursday due to low water at hydroelectric dams, according to a notice reported by news outlets and a company announcement, adding to losses from the hottest, driest summer in decades. The tense situation of power supplies in Sichuan province has further intensified, Tencent News reported Monday. There was no public announcement, but the report included a photo of the government notice to companies. The drought and heat have wilted crops and caused rivers including the giant Yangtze to shrink, disrupting cargo traffic. State media say the government will try to protect the autumn grain

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