Made in China Becomes The Stabilizer Of Global Supply Chain

Oct 17, 2022 Leave a message

Under the energy crisis, electricity prices in Europe are constantly breaking new historical records. In August this year, the basic load electricity price delivered by France in 2023 reached 1130 euros/MWh, which is the first time in European history that the electricity price exceeded 1000 euros, with a year-on-year increase of more than 1000%. From September 26, the cold current from the Arctic "visited" Europe, and the temperature dropped sharply. How to survive the coming winter without financial bankruptcy has become an urgent problem for many Europeans.

 

According to the data of the cross-border e-commerce platform QuickConnect, "before October, the sales of small heating appliances in Europe tripled, and energy products such as wind energy, solar energy and energy storage batteries also increased to a certain extent." At present, Sumiton is preparing to launch an emergency "Warm Winter Special" in Europe to provide various heating items, such as heaters, electric blankets, thermal underwear, autumn clothes and trousers, hand warmers, hot water bags, etc.

 

Economists pointed out that under the background of soaring energy prices and natural gas shortage, Made in China has become a "stabilizer" of the global supply chain.