The State of Chinese Commodities Shows Recovery Taking Hold
- Coal power plants and oil refiners operating near 2019 levels
- Traffic data suggest drivers are avoiding non-essential trips
Piles of steel wire coils sit in a steel stockyard in this aerial photograph in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Sign up for Next China, a weekly email on where the nation stands now and where it's going next.
From oil to copper to coal, China’s gigantic commodities industry is signaling that the first economy to be flattened by the coronavirus is getting closer to a return to normality.