Report: Energy Crunch in China, Europe Could Impact U.S. Manufacturers, Supply Chains

Energy crises in Europe and China could impact economic forecasts, supply chains, and beyond, according to reports. Axios notes that Europe “has for weeks been facing sky-high natural gas and power prices,” while China “is facing electricity shortages that are hobbling factories.”

Reuters published this analysis of China’s electricity crunch, which has been triggered by a “shortage of coal supplies, toughening emissions standards, and strong demand from manufacturers.” 9/29/2021