OLO - China's Growth Slowing Down Another Risk For Crude Oil Demand
With China's economic growth near a three-decade low, having reached 6.4% in 2018, there is a lot of concern about the global crude oil market's performance this year. Without doubt, the impact of the country's trade war with the US cannot be ignored, but meanwhile, there are several other parameters to consider. China's heavy debt load might be the most severe one, primarily driven by the slowdown of the investment-led governance system in parallel to the strict pollution policy affecting both domestic demand and export growth. In parallel to that, this emerging economy is starting