China oil demand gets pumped up by 6.6%

China oil demand gets pumped up by 6.6%

Platts, a global provider of energy and metals information, released information saying that China's oil demand averaged 9.82 million barrels per day in July of this year, 6.6% higher than the same time last year. Many observers see this as a further cause for optimism for the Chinese economy, and Song Yen Ling, Platts senior writer for China, said that "The data in July seemed to be supported by positive aspects of China's economy."

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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