China virus check – week ending April 4

CHINA ADVISORY - Report 09 Apr 2020 by Andrew Collier

Our latest data for economic activity in China shows:

1) Rising coal use in the power industry and iron ore blast furnace operating rates.
2) Traffic congestion grows – a good sign for the return of economic activity.
3) Metro rail traffic is rising in all four cities we track.
4) Expressway traffic continues moderate growth week over week.
5) All four Keyword searches we track remain in positive territory. People are job-hunting. However, there was an increase in searches for unemployment benefits.
6) Most towns are now granting access to their seed stores.

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