China power cuts hit homes, factories and threaten growth

Beijing (AFP) Sept 28, 2021

Goldman Sachs Tuesday lowered its annual economic growth forecast for China as nationwide power cuts hit millions of homes and halted production at factories, including some supplying Apple and Tesla. At least 17 provinces and regions - accounting for 66 percent of the country's gross domestic product - have announced some form of power cuts in recent months, mainly targeting heavy industr