China virus check – week ending March 28

CHINA ADVISORY - Report 31 Mar 2020 by Andrew Collier

Our latest data for economic activity in China shows:

1) Rising coal use in the power industry and iron ore blast furnace operating rates.
2) Traffic congestion continues its perplexing decline for the second week.
3) Metro rail traffic is growing, but one city we track, Nanjing, showed declines.
4) Expressway traffic continues moderate growth week over week.
5) All four Keyword searches we track moved into positive territory for the first time in our data. People are job-hunting.

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