Published: August 19th, 2022,
Last updated: August 19th, 2022
It is and will remain hot – and not just in Germany. China has been suffering under record temperatures for weeks, with thermometers rising to 44 degrees Celsius at times. Droughts are threatening harvests, hydroelectric power is underperforming, and coal-fired power plants need to be activated to supply electricity. The industry, on the other hand, is shutting down in some places: Production at Bosch, Toyota, Foxconn, CATL, and other large companies in Sichuan has been cut back or is at a complete standstill. Nico Beckert knows more about the effects and reasons.