Powering Down Coal-Fired Economic Expansion
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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