VOICED : Apagones en China amenazan el crecimiento y la cadena de abastecimiento

China's economy, heavily reliant on coal, faces challenges due to power outages. High coal prices, state control over electricity prices, and emission targets have strained the power supply. Guangdong's manufacturing sector is particularly affected, with power cuts disrupting supply chains. Companies are urged to meet deadlines despite increased costs. The energy crisis coincides with a rise in electricity demand and reduced coal imports from Australia due to political tensions. This situation has led to lowered growth forecasts by financial institutions.

What percentage of China's economy is driven by coal?

• 30%

• 60%

• 50%

• 70%

What measures have been taken in Guangdong to cope with power outages?

• Reducing working hours and using generators

• Using solar panels

• Increasing working hours

• Importing more coal

Why are suppliers facing increased costs due to power outages?

• They are importing more raw materials

• They have to invest in additional capital

• They are paying higher taxes

• They need to hire more workers

What political issue has affected coal imports to China?

• Trade war with the USA

• Sanctions from the EU

• Dispute with Australia

• Conflict with India

Which financial institutions have lowered their growth forecasts for China due to the energy crisis?

• Morgan Stanley and HSBC

• Goldman Sachs and Nomura

• JP Morgan and Barclays

• Deutsche Bank and Citibank