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China’s Road Traffic Well Above Previous Year: BNEF

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China’s road congestion continued to be stable in the week to June 5, ticking up around 1%, according to BNEF.

  • This put congestion levels at around 139% of January 2023 levels.
  • China’s congestion level remains elevated, standing around 20 percentage points higher than the same period in 2022.
  • If seasonal trends persist, the coming weeks should see a further increase in congestion.

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China’s road congestion continued to be stable in the week to June 5, ticking up around 1%, according to BNEF.

  • This put congestion levels at around 139% of January 2023 levels.
  • China’s congestion level remains elevated, standing around 20 percentage points higher than the same period in 2022.
  • If seasonal trends persist, the coming weeks should see a further increase in congestion.

Keep reading...Show less