China virus check – week ending July 27

CHINA ADVISORY - Report 28 Jul 2020 by Andrew Collier

​Our latest data for economic activity in China showed mixed data for the most recent period. Coal use for electricity fell, which could signal weakness in the industrial sector, which has been the prime generator of economic growth under Beijing’s stimulus measures. Commercial property sales also fell. However, metro congestion was up, and keyword searches rose for both unemployment benefits (negative) and company recruitment (positive). ​

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