China manufacturing: almost half of southern firms lost production capacity during power crisis, survey shows


A fifth of the companies in China’s southern manufacturing hub suffered more than a 40 per cent reduction in production capacity at the height of an energy crisis last year, according to a new survey from the American Chamber of Commerce in South China.

Some 21 per cent of respondents say the crisis took away more than 40 per cent of their production capacity between October 8 and 12, while 25 per cent of respondents lost between 10 and 40 per cent of their production capacity during the same period.

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SCMP , China , Manufacturing

   

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