China: Power cuts may disturb US$120 billion of trade flow

Power shortages that have gripped parts of China result in the delay of US $120 billion of trade flows. Some of China’s key ports, including Ningbo, Guangzhou, Yantian, and Shekou, are located within the affected provinces, while Shanghai and Ningbo also process many of the container exports from Jiangsu province.

The power shortage has already affected the provinces of Jiangsu, Guangdong, and Zhejiang which has seen factories producing steel products, plastics, home appliances, chemicals, and textiles shut down or move to a three-day week.

Read the complete article at container-news.com




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