Heat, Drought and Power Outages Hit China’s Economy

For the past few days, about half of China's land area has experienced the strongest and longest high temperature weather in history, with the temperature in many places continuing to exceed 40°C. Beibei in Chongqing has a high temperature as high as 45°C, constantly breaking the historical record. According to information from China Weather Network, as of August 21, the Central Meteorological Observatory has issued a high temperature warning for 32 consecutive days, of which the highest level of red warning has been issued for 10 consecutive days from the 12th to the 21st.

China's economy was originally under heavy pressure due to "zeroing" COVID prevention, city closures, and the debt crisis in the real estate industry. Now it has been hit by large-scale droughts and power cuts, which can be said to be a combination of natural and man-made disasters. The economic downturn and business shutdown will ultimately affect the employment and life of residents, and it is the common people who suffer.