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

Yunus Must Be Treated Like Hasina, Warn Islamists

Islamist group made these warnings to the interim government, terming the women’s reform body proposals as “anti-Islamic…reports Asian Lite News The radical Islamist group in Bangladesh, Hefazat-e-Islam, has issued a threat, stating

UN: Bring Pahalgam Terrorists to Justice

The members of the Security Council “stressed that those responsible for these killings should be held accountable..reports Asian Lite News The Security Council has “condemned in the strongest terms” the Pahalgam terrorist

Vatican Hosts Final Rites for Pope Francis

The Argentine-born pontiff, the first from Latin America, died less than a month after returning home from a prolonged five-week hospitalisation for double pneumonia….reports Asian Lite News In an outpouring of global

US Backs India’s Hunt for Pahalgam Terrorists

Gabbard’s “hunt down” message comes amidst escalating Indian response to the terrorist attack, saying it had clear “cross-border” links to Pakistan….reports Asian Lite News Tulsi Gabbard, Director of National Intelligence (DNI), on

Border Sealed, Hopes on Hold

A Hindu family from Balochistan’s Sibi was reportedly denied entry into India after the closure of border crossing….reports Asian Lite News Pakistan and India’s decision to shut down the Wagah-Attari border crossing
Go toTop

Don't Miss

UK may close Chinese Confucius Institutes soon

China is also worried about the status of Confucius institutes

Canadian Government’s Controversial Ties with China Exposed

Canada has reportedly aided Chinese authorities in capturing fugitive nationals