Business

A global energy crisis casts shadow on crucial U.N. climate summit

[ad_1]

China’s authorities ordered the rationing power supply in many areas. the country’s provincesThe following is a list. According to economic forecasters, the loss in industrial production could have a ripple effect on a global economy that is already struggling with supply chain problems. “China’s power shortages have global implications,” Ting Lu, chief China economist at global financial services group Nomura, told the Financial Times. “Global markets will feel the pinch of a shortage of supply from textiles, toys to machine parts … [and] very likely result in a shortage of goods for Thanksgiving and Christmas.”

[ad_2]

Tags

Related Articles

Back to top button