Well just another something we should watch since China is now closing manufacturing plants energy shutdowns.
China has cut power to meet official energy goals, forcing some factories to shut down, delaying the production of smartphones and other goods.
Consumers may be facing shortages of smartphones as the Christmas season approaches due to the delays. A supplier of components for Apple Inc.'s iPhones was ordered by local authorities to shut down production at a factory near Shanghai.
"Beijing's unprecedented resolve in enforcing energy consumption limits could result in long-term benefits, but the short-term economic costs are substantial," Nomura economists Ting Lu, Lisheng Wang and Jing Wang said in a report Monday. read the rest here