Middle East Economic Survey


No 23


PFC Energy Sees No Signs Of Slowing Chinese Growth

Recent economic data reinforce the view that the Chinese economy continues to perform much better than expected with GDP growth remaining strong, real consumer spending continuing to strengthen and government efforts to rein in investment effective according to a PFC Energy report of 31 May. As a result, prospects for continued strong growth in oil demand are good, the report said.

PFC said...