Business & Economics

China rations diesel amid fuel shortages

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Petrol stations in many parts of China have begun rationing diesel amid rising costs and falling supplies.

Some truck drivers are having to wait entire days to refuel, according to posts on social media site Weibo.

China is currently in the midst of a massive power crunch, as coal and natural gas shortages have closed factories and left homes without power.

And this latest issue is only likely to contribute to an ongoing global supply chain crisis, say analysts.

"The current diesel shortages seem to be affecting long distance transportation businesses which could include goods meant for markets outside of China," said Mattie Bekink, China Director at the Economist Intelligence Unit.

"Depending on the duration and intensity of this crunch, we could well see this contribute to the global supply chain challenges."

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