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From iPhones to Australian wool, China’s energy crisis is starting to pinch the global economy

Summary:
[unable to retrieve full-text content]The hit from China’s energy crunch is starting to ripple throughout the globe, hurting everyone from Toyota Motor to Australian sheep farmers and makers of cardboard boxes.Not only is the extreme electricity shortage in the world’s largest exporter set to hurt its own growth, the knock-on impact to supply chains could crimp a global economy struggling to emerge from the pandemic.The timing could not be worse, with the shipping industry already facing congested supply lines that are delaying…

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[unable to retrieve full-text content]
The hit from China’s energy crunch is starting to ripple throughout the globe, hurting everyone from Toyota Motor to Australian sheep farmers and makers of cardboard boxes.Not only is the extreme electricity shortage in the world’s largest exporter set to hurt its own growth, the knock-on impact to supply chains could crimp a global economy struggling to emerge from the pandemic.The timing could not be worse, with the shipping industry already facing congested supply lines that are delaying…

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