China turns off the lights in ‘Christmas town’ as officials race to meet energy targets – CNN

Hong Kong (CNN Business)For months, factories in the city of Yiwu, known as China’s “Christmas town,” have been cranking out most of the tinsel, decorations and other festive ornaments now hanging on trees worldwide.
But production almost stopped in mid-December, as local authorities switched off the lights.
Ma Hairu, who works for a manufacturer making paper decorations for Christmas and New Year, said his factory was struggling to meet demand because they’re only allowed to work half days. “We…

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