China orders energy firms to secure supplies amid power crisis: report

An energy crunch in China has led some banks to lower their growth forecasts for the economy this year

An energy crunch in China has led some banks to lower their growth forecasts for the economy this year

China's top state-owned energy companies have been ordered to ensure there are adequate fuel supplies for the approaching winter at all costs, a report said Friday, as the country battles a power crisis that threatens to hit growth in the world's number two economy.

Bloomberg News, citing people familiar with the matter who did not want to be named, reported that Vice Premier Han Zheng had told energy companies to make sure there is enough fuel to keep the country running and that Beijing would not tolerate blackouts.

Originally published as China orders energy firms to secure supplies amid power crisis: report