Shivani Singh and Min Zhang
WIDENING power shortages in China have halted production at numerous factories, including many supplying Apple and Tesla, while some shops in the north east operated by candlelight and malls shut earlier as the economic toll of the squeeze mounted.
Rationing has been implemented during peak hours in many parts of north-eastern China since last week, and residents of cities, including Changchun, said cuts were occurring sooner and lasting for longer, state media reported.
Yesterday, State Grid Corporation pledged to ensure basic power supply and avoid electricity cuts.
China’s power crunch, caused by tight coal supplies and toughening emissions standards, has hurt production in industries across several regions and is dragging on the country’s economic growth outlook, analysts said.
The power squeeze is unnerving Chinese…