China Power Report Q4 2013 - New Market Research Report
BMI View: Whilst China power sector is set to remain in a league of its own, storm clouds are gathering on the horizon. According to BMI's Country Risk analysts the Chinese economy is likely to enter recession over the coming months. Despite record new credit issuance in recent months, the manufacturing sector has once again entered contraction, and high household savings rates by no means suggest that consumer demand will remain unscathed. As such, a slowdown in power demand appears...
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