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So the Chinese Govt just notified all Industries on SUNDAY 8/27 to restrict their electricity usage in different ways - Some industries can only work 1 day a week, some can only work 10pm - 8am, some can only work 3 days a week. @web @irrvrntVC @peterkang34
Expect output to come down 50-75%, inventory prices to rise, and freight prices to collapse since the output is coming down. Expect Delays to skyrocket. #freight #china #electricity #production
More about this https://www. bloomberg.com/news/articles/ 2021-09-25/china-s-power-crunch-is-next-economic-shock-beyond-evergrande …