[Ozark Tom]

Electricity use is a reference for measuring industrial/ manufacturing activity.

http://www.afr.com/business/energy/electricity/china-demand-for-coalfired-electricity-falls-by-10-per-cent-in-march-quarter-20150416-1mmo8t

http://www.reuters.com/article/2015/03/26/china-coal-idUSL3N0WL32720150326

http://wolfstreet.com/2015/07/23/china-electricity-consumption-growth-drops-to-30-year-low/

[grey_whiskers]

Har. I read once that China uses five times the energy of the United States per equivalent unit of industrial output.