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Our factory (we are in Zhuhai) has had 2-3 days per week of reduced power consumption mandates for the last few months. This last week it has gotten serious. Ne
by contingencies 5y ago
Our factory (we are in Zhuhai) has had 2-3 days per week of reduced power consumption mandates for the last few months. This last week it has gotten serious. Nearby factories in Dongguan and Zhongshan have been reporting 3-5 day periods of mandated inactivity. It has begun to affect orders for components. I have begun to receive queries from others regarding the power availability in our city versus theirs. A friend running a larger operation has - at significant cost - rented a 500kVa generator to keep his machines moving. It has to be run solid 50 hours per week on average.
Frankly it's quite manageable at the moment, but it certainly stacks up the concerns for the few foreign businesses left here: COVID-related visa restrictions have largely axed the foreign workforce, the HK situation has affected cross-border banking, and the lack of freedom of movement across borders combined with the closure of many businesses supporting the foreign community has made living here increasingly untenable for many. Don't forget the global shipping crisis, chipageddon, and cross-border political crap like customs demanding spec sheets for screws if you post things from Australia. It's... not ideal, but China has never been easy.