Name: China's Energy Sector Braces for Production Drops, Layoffs
Uploaded: 2024-03-20T03:40:18.000Z
Description: China-based Longi Green Technology Sources, the world's largest solar manufacturer, will reportedly lay off one-third of its staff.

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China-based Longi Green Technology Sources, the world's largest solar manufacturer, will reportedly lay off one-third of its staff.

At the same time, Chinese coal production is seeing a major drop after reaching all-time high levels in late 2021. Meanwhile, in the West, the United States was reportedly exploring the possibility of buying up cobalt reserves, as it works to shave down reliance on China.

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