China dip threatens oil prices: Indicators point to a Chinese economic fall that could send a shock wave that will cut oil prices

摘要

China's economy is racing upward like a skyrocket as the gross domestic product climbed 9.1% during 2003, including a 9.9% growth rate in the fourth quarter and a 9.7% growth rate in the first quarter this year, according to Cambridge Energy Research Associates (CERA). In a report titled "Riding the Tiger: The Global Impact of China's Energy Quandry," Daniel Yergin and Scott Roberts, said during that period, which included a SARS disease scare, the nation passed Japan in demand to become the world's second largest oil consumer, after the United States.