By Charlie Zhu SINGAPORE, Oct 29 (Reuters) - Forget interest rate hikes and attemps to cool the Chinese economy. A chronic power shortage is driving its thirst for oil and will support crude prices for years to come. Analysts said China's first rate rise for almost a decade on Thursday would not make crude demand growth slow any more than they already expect in the world's second largest oil consuming nation. Cambridge Energy Research Associates (CERA) estimates the power industry will ...
Premium Content (PAID Subscription Required)
"China oil demand immune to interest rate rise" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.