Commodities Comment:Chinese economy lacking power
类型：投资策略 机构：麦格理证券股份有限公司 研究员：麦格理证券研究所 日期：2015-07-21
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Feature article
Chinese electricity generation was up just 1% YoY in 1H15. This is a starkreflection of both the ‘planned’ reduction in the energy intensity of Chineseeconomic growth as well as the unplanned underlying weakness in some keyindustrial sectors (ferrous metals, cement, etc.). Industrial sector electricityusage
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