Chinese October electricity output grew 6.4% Y/Y, breaking a slowing trend which saw September's...

|By:, SA News Editor

Chinese October electricity output grew 6.4% Y/Y, breaking a slowing trend which saw September's growth at just 1.5%, the lowest in 2 years. Many analysts prefer to use power-output as a gauge for GDP growth in China as the number is less easily fudged than the national income accounts.