Rising electricity use is the best indicator of China's economic improvement

Gavin Wendt

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.


About this contributor

Gavin Wendt

Gavin Wendt

Founding Director, MineLife

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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