Despite decent economic growth as measured by GDP or Gross Domestic Product in China its rail freight volumes’ are falling rapidly down 5.8% in 2014, 10.5% in 2015 and 9.4% in the first quarter of 2016, data from the Chinese National Railway Administration. Another item to add to the list of logical disconnects regarding Chinese economic growth along with trade volumes, particularly exports and of course utilities output most notably electrical power. All point to sharp declines in economic activity.
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