consumption

It was intended to maximise evening daylight meaning less heating and lighting was needed, reducing fuel consumption during wartime.

Economic growth likely slowed to 4.3% in the third quarter from 4.4% in the previous quarter, as leading indicators point to weaker private consumption and softer imports of consumer goods, ANZ economists said.

SocGen sees that as a positive for consumption, as this group accounts for roughly half of all retail spending.

It pledges a more than sixfold expansion of wind and solar compared with 2020 levels by 2035, aiming for clean energy to account for 30% of China’s total energy consumption by then.

Carriers, brokers and shippers are all saying they are seeing slow business as a result of uncertainty about downstream consumption amid trade friction, high interest rates, a government shutdown and a broader recession risk.