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
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contractual obligations, in its latest bid to tame prices that have hit record highs. The most-active thermal coal futures contract on the Zhengzhou Commodity Exchange, for delivery in January, fell more than 8per cent – .