Caixin OnlineBusiness & IndustryTop Stories Industry Powering Down Coal-Fired Economic Expansion
07.06.2012 18:57

Powering Down Coal-Fired Economic Expansion

Mountains of stockpiled coal and rising service-sector electricity demand are signs of an easing, evolving economy
By staff reporter Yu Hairong
 
11

Slowing nationwide power demand and coal consumption, twin barometers for economic growth, suggest the Chinese economy may be sailing into the doldrums while at the same time changing its course.

Electricity use in May rose a relatively mild 5.2 percent compared to the same month last year and just 1.5 percent over April's level to 406 billion kilowatt hours, the National Energy Administration (NEA) said.

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