Celebrations were held in the Kansai area on Nov. 23 for the Hanshin Tigers’ first Japan Series title in 38 years and the third straight Pacific League pennant of the Orix Buffaloes.
If industrial production becomes sluggish amid the power shortfall, Japanese firms will struggle to buy the components they need and have to trim planned output, eroding their profits.
What Japanese companies operating in China are most worried about is not a potential default of debt-laden property developer China Evergrande Group but a supply shortage that could be triggered by electricity insufficiency.