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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.

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Husband Mark Zuckerberg fulfils ‘disco queen’ Priscilla Chan’s demand for a party and how

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2 weeks ago

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October 22, 2024

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Husband Mark Zuckerberg fulfils ‘disco queen’ Priscilla Chan’s demand for a party and how

Mark Zuckerberg’s party for Priscilla Chan has won people over. Many were surprised by the tech billionaire’s makeover.

Mark Zuckerberg never shies away from sharing glimpses of his sweet and heartwarming moments with his family. From sharing pics of a statue of his wife, Priscilla Chan, to turning into a nail artist for his daughter, he regularly posts visuals which wow people. In a similar post, he shared pictures to show what he did when his “disco queen” wife asked for a party.

“Disco queen wanted a party,” Zuckerberg wrote as he posted the pictures. The first photo shows the couple sharing an intimate moment while kissing each other. The other images show them enjoying the party, with both dressed in shimmery clothes.

What did social media say?

“I always knew you were this cool,” posted an Instagram user. “He changed after attending Ambani’s wedding,” joked another. This has been a viral remark after Mark Zuckerberg’s recent wardrobe update, including Hawaiian shirts and a thick gold chain, which coincidentally happened after he attended Anant Ambani and Radhika Merchant’s first pre-wedding festivities.

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“Absolutely enjoying this beautiful life,” commented another. A third expressed, “Zuck’s glow up needs to be studied in universities.” A fourth shared, “Couple goals!”

Also Read: ‘All unacceptable to share publicly’: Mark Zuckerberg talks about his favourite memes. Watch

A fifth wrote, “Priscilla is on fire! And you too.” Many reacted to the post using heart or fire emoticons.

Roman-inspired statue

A few days ago, the Meta CEO unveiled a giant statue in his backyard. Created by Daniel Arsham, it is a larger-than-life statue of his wife.

He met Priscilla Chan at Harvard University in 2003 as a student. The couple later got married in 2012. They have three daughters: Maxima, August (born August 2017), and Aurelia.

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What are your thoughts on these pictures Mark Zuckerberg shared of a party he hosted for his wife, Priscilla Chan?

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