Chinese Power Consumption Surges Even Higher In August

China Power

Chinese power consumption grew 14.69% year-over-year in August according to the National Energy Administration, via China Daily. Consumption rose 2% vs. July.

Year-to-date as of August, Chinese power consumption has grown 19.34% year-over-year, but this growth has slowed in August, since year-to-date growth for the seven months ending July had been 20.25%.

If a sharp Chinese slow-down is ahead, it has still yet to show itself in these numbers.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at