While the rest of the world anxiously seeks the green shoots of recovery, China's business landscape is looking thickly forested with the essentials of a thriving industrial economy.
Domestic production and consumption of diesel, thermal coal, steel, plastics, chemicals and white goods had all returned to, if not surpassed, the peak levels of the boom times of early 2008 by June this year.
The property market is also showing signs of recovery, with construction starts, as measured by floor space, rising in June by 12 per cent year on year, the first rise in 12 months.
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