tag:blogger.com,1999:blog-1527840491496268397.post7293552376166937602..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: China Electricity Production FallingUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1527840491496268397.post-53127712558797394282014-10-05T11:44:11.960-07:002014-10-05T11:44:11.960-07:00Hi whydibuy. You should read this article from Bon...Hi whydibuy. You should read <a href="http://www.bondvigilantes.com/blog/2014/09/26/china-really-growing-7-5-according-citigroups-li-keqiang-index/" rel="nofollow">this article</a> from Bond Vigilantes. It explains the rationale for using electricity production:<br /><br /><i>Li Keqiang – now Chinese premier, but at the time the lesser known head of Liaoning province’s communist party – admitted over dinner with the US ambassador to China in 2007 that the country’s GDP figures were “man-made” and therefore unreliable. Mr Li went on to say that instead, he focused on just three data points – electricity consumption, rail cargo volume and bank lending – when evaluating his province’s economic progress.</i>Jameshttps://www.blogger.com/profile/06597727760854955867noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-18399714067246676802014-10-05T09:18:35.106-07:002014-10-05T09:18:35.106-07:00Oh, so you believe this chart but not the GDP char...Oh, so you believe this chart but not the GDP chart.<br />I wonder why?<br />Could it be because this one is bearish and the GDP chart is bullish?<br />More proof a man sees what he wants to see and disregards the rest.14051whydibuyhttps://www.blogger.com/profile/10101676402335591169noreply@blogger.com