China electricity output rose 4.5% y/y in 2016

China electricity output, often viewed by experts as a more reliable indicator of growth, rose 4.5% year-on-year in 2016.

China 2016 full year GDP came-in at 6.7% earlier today. It is the lowest growth rate in 25 years.

The electricity output rose 6.9% year-on-year in December.