China's electricity consumption continued to pick up and hit a new record high in August, indicating further recovery in the world's second largest economy from the coronavirus outbreak.
According to data released by the National Energy Administration on Tuesday, China's total electricity consumption increased by 0.5 per cent year over year in the period of January - August to 4.77 trillion kWh. This marks the first time this year that the accumulative electricity . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- THE WIRE - Up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
- DETAILS - We bring you details that you won't find elsewhere. General information about China is everywhere, but information with details and relevant to your investment is rare.
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In