Rising electricity use is the best indicator of China's economic improvement. Power use by manufacturing, mining and construction companies climbed to its highest level since 2009 during July, rebounding from a two-year low in February. Increased use of electricity, along with reports showing better-than-expected growth in factory output, exports and imports, hints at Chinese recovery.
I have been a senior resources analyst following the fortunes of the mining and energy sectors for the past 25 years - previously working with stockbroker Intersuisse and financial group Fat Prophets. I am also Executive Director, Mining & Metals...
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