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China’s electricity crunch is latest supply chain threat to world

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3 years ago

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China’s electricity crunch is latest supply chain threat to world

As the power crisis shifts from the factory floor to people’s homes, the State Grid Corporation of China, the Chinese power company, said on Monday that it will do its best to avoid power outages to meet basic residents’ needs. China’s energy crisis is forming the latest impact on global supply. As the world’s largest exporting country’s factories, chain stores are forced to conserve energy by restricting production. When the disruption occurs, manufacturers and shippers are racing to meet all kinds of needs from clothing to toys during the year-end holiday shopping season, struggling to cope with the interrupted supply line due to soaring raw material costs, long-term port delays and shortages of containers. Chinese manufacturers have warned that strict electricity consumption measures will lead to a sharp decline in output in economic powerhouses such as Jiangsu, Zhejiang and Guangdong — these provinces together account for nearly one-third of China’s GDP — and may push up prices. Local governments are ordering blackouts because they are trying to avoid missing targets to reduce energy and emission intensity, while some are facing actual power shortages. Clark Feng (Vita Leisure Co.) buys tents and furniture from Chinese manufacturers and sells them overseas. He said the power restrictions in the eastern province of Zhejiang, where the company is located, have dealt yet another blow to the company. He said that the province’s fabric manufacturers facing cessation of production have begun to raise prices and postpone accepting new overseas orders.

News Source :Backtrack

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Day 6 box office receipts for Game Changer: Ram Charan’s film takes another hit, earning over ₹110 crore

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6 days ago

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January 16, 2025

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Day 6 box office receipts for Game Changer: Ram Charan’s film takes another hit, earning over ₹110 crore

Game Changer box office collection day 6: Ram Charan and Kiara Advani-starrer released in theatres on January 10.
Game Changer box office collection: Ram Charan, Kiara Advani-Game Changer is one the first big releases of this year, and came with huge audience expectations. However the film opened to mixed reviews and has performed decently at the box office. As per the latest version of Sacnilk.com, Game Changer has minted ₹6.11 crore in its sixth day of release. Game Changer is directed by Shankar.

Game Changer box office collection

The report states that Game Changer has now crossed the ₹110 crore mark at the box office. It minted ₹5.55 crore on its first Wednesday, which is the lowest for the film so far. The film had seen a slight growth on its fifth day of release, with ₹10 crore net. The overall collections now stand at ₹112.26 crore.

Game Changer minted ₹51 crore on its opening day, and saw a dip in collections on its second day with ₹21.6 crore. Day three collections were at ₹15.9 crore whereas day four net was ₹7.65 crore. The film saw a sharp decline in its weekdays and is yet to recover. Game Changer is facing stiff competition from a number of releases, which includes Nandamuri Balakrisha’s Daaku Maharaj, Unni Mukundan’s Marco and Allu Arjun’s Pushpa 2: The Rule.

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Amid box office concerns for the film, a pirated version of Game Changer was allegedly aired on a local TV channel and shown in buses. Screenshots of the same surfaced on X, which caught the attention of producer Sreenivas Kumar. He took to his X account to demand strict action on it.

A few days ago, the makers of the film had filed a complaint against individuals for allegedly leaking a pirated version of the film online. The complaint also states that before the film’s release, the producers and a few team members were threatened through social media and messaging platforms like WhatsApp, wherein the same alleged pirates demanded money from producers and threatened to leak the pirated version if their demands were not fulfilled.

Game Changer is directed by Shankar and stars Ram Charan, Kiara Advani, and SJ Suryah. The film has also been released in Tamil, Kannada, and Malayalam.

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