June 2 – Financial Times
(Primrose Riordan in Hong Kong
and Christian Shepherd):
“China’s
runaway economic recovery has been so successful that it has caused
power shortages across dozens of its manufacturing and industrial hubs
in the south of the country.
Factories across cities such as Guangzhou,
Foshan and Dongguan, known for producing global consumer and high-tech
products, have been ordered to use less power and even close for between
one to three days a week to mitigate the shortfall.”
May 30 – Bloomberg:
“Almost
two dozen cities across China’s key industrial province of Guangdong
are now rationing electricity to businesses as the global economic
recovery and hot summer weather boost demand.
Some 21 municipalities in the southern province that’s home to almost 130 million people are limiting power use, China Southern Power Grid Co. said…
Electricity consumption in the grid operator’s five-province region is up 24% this year through May 29 from the same period in 2020 and surged to an all-time high on May 21.”