China virus check – week ending April 27

CHINA ADVISORY - Report 29 Apr 2020 by Andrew Collier

Our latest data for economic activity in China shows:

1) A slight decline in coal use in the power industry and a slight decrease in iron ore blast furnace operating rates.
2) Traffic congestion is up significantly but expressway traffic dipped.
3) A big jump in underground metro rail traffic.
4) A steady increase in the Baidu search index.

Now read on...

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