Business | Heated exchange

A drought in China hits industry

The ill effects of hot weather and drought

TOPSHOT - People are seen on the dried-up riverbed of the Jialing river, a tributary of the Yangtze River, in China's southwestern city of Chongqing on August 24, 2022. (Photo by Noel Celis / AFP) (Photo by NOEL CELIS/AFP via Getty Images)
|SHANGHAI

A city rivalry is heating up between Shanghai and Chengdu. The highest temperatures and lowest rainfall since records began 60 years ago have led to severe power shortages across the south-western province of Sichuan, where Chengdu is located, and in its neighbouring municipality, Chongqing. As a result Sichuan has been forced to curb energy use at thousands of industrial firms. That in turn has threatened the supply of parts to carmakers, such as Tesla in Shanghai.

This article appeared in the Business section of the print edition under the headline “Heated exchange”

Are sanctions working?

From the August 27th 2022 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Business

An eagle sweating in his bed with a sign showing a red downward arrow attached to the end of the bedframe

Germans are world champions of calling in sick

It’s easy and it pays well

The illustration shows a man and a woman standing on separate stacks of coins.

Knowing what your colleagues earn

The pros and cons of greater pay transparency



Donald Trump’s America will not become a tech oligarchy

Reasons not to panic about the tech-industrial complex

OpenAI’s latest model will change the economics of software

The more reasoning it does, the more computer power it uses

Donald Trump once tried to ban TikTok. Now can he save it?

To keep the app alive in America, he must persuade China to sell up