Shanghai Securities News: China H2 power consumption may rise 6.5% y/y

Headlines on Bloomberg:

• Shanghai Securities News: China H2 power consumption may rise 6.5% y/y

–

For those who have some concerns about the veracity of Chinese economic data (people such as Chinese Premier Li Keqiang), using electricity consumption as a proxy is often seen as a reasonable alternative.

More here:

Keqiang ker-ching

China’s GDP: Premier winks at the “Keqiang index”