October 28, 2021
1 min read

China’s fuel shortage sparks chaos

China is currently in the midst of a massive power crunch, as coal and natural gas shortages have closed factories and left homes without power….reports Asian Lite News

 Petrol stations in many parts of China have begun rationing diesel amid rising costs and falling supplies, BBC reported.

Some truck drivers are having to wait for days to refuel, according to posts on social media site Weibo, the report said.

China is currently in the midst of a massive power crunch, as coal and natural gas shortages have closed factories and left homes without power.

And this latest issue is only likely to contribute to an ongoing global supply chain crisis, say analysts, the report added.

“The current diesel shortages seem to be affecting long distance transportation businesses which could include goods meant for markets outside of China,” said Mattie Bekink, China Director at the Economist Intelligence Unit, the report said.

ALSO READ: Foreign firms worried over huge data transfers in China

“Depending on the duration and intensity of this crunch, we could well see this contribute to the global supply chain challenges.”

The global supply chain crisis has been largely driven by the Covid-19 pandemic, with demand surging as economies re-open.

In China, trucks are only being allowed to fill up 100 litres each – about 10 per cent of their capacity, a truck dealer from Shijiazhuang city in Hebei province told Chinese business news service Caixin.

In other parts of the country, reports suggest rations are even tighter with drivers only allowed to buy up to 25 litres, the report said.

Meanwhile, in the city of Fuyang, about a seven hour drive south of the key transportation hub of Shijiazhuang, Caixin reports petrol stations are limiting purchases or charging drivers surcharges of up to 300 yuan ($47) to fill up their tanks, the report added.

“After going to a few [petrol] stations, there is no more diesel, and prices will continue to rise, and large trucks running logistics will not be able to refuel,” one Weibo user wrote.

ALSO READ: China waking up to Afghan reality

Previous Story

India determined to protect its maritime interests: Rajnath Singh

Next Story

India flags concern over China’s move to pass boundary law

Latest from -Top News

Multi-alignment, upgraded

With US ties strained and China tense, New Delhi taps Europe’s harder edge for co-development, clean tech and strategic autonomy, writes Manoj Menon India is recalibrating its great-power hedging as frictions with

India-EU Trade Deal Breakthrough Soon?

Negotiators report increased momentum in discussions, which have been given a boost from US President Donald Trump’s tariff offensive…reports Asian Lite News India and the European Union aim to finalise a trade

Europe Seeks Peace in Gaza

European countries condemn Israeli interception of Gaza-bound flotilla, demand safety of citizens…reports Asian Lite News Israel’s interception of an international flotilla carrying humanitarian aid to Gaza has sparked condemnation across Europe, with

GAZA: Egypt to Host Peace Talks

Egypt hopes the discussions will help “end the war and the suffering of the brotherly Palestinian people, which has continued for two consecutive years…reports Asian Lite News Egypt will host Israeli and

‘My Injuries Made Me’

During his four-year battle with injury, the incumbent fast bowling spearhead made occasional appearances but couldn’t bear the workload and demands of red-ball cricket….reports Asian Lite News England tearaway Jofra Archer believes
Go toTop

Don't Miss

Changes brought to CCP norms to strengthen Xi’s grip

The Central Politburo is now down to 24 members from

Bill against Chinese threat gets senate node

The 21-1 panel vote sends The Strategic Competition Act to