China’s economic recovery is sputtering, prompting renewed concerns about crude oil and other commodities demand that could result in slower-than-expected global oil demand growth this year and weigh on oil prices. After the reopening from the Covid-related restrictions, China is expected to account for more than half of the world’s oil demand growth in 2023.
However, last week’s Chinese factory output data came below expectations and triggered concerns that weaker manufacturing activity could weigh on Chinese imports for…Will China’s Oil Demand Disappoint This Year?
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