Falling oil prices present challenges for the competitiveness of China’s own oil and gas sectors, and while providing short-term benefits for production, poses additional deflationary risks. However, there are opportunities for Beijing to support oil companies in acquisitions, and further its own reserves.
Michal Meidan, Director, China Matters via CHINA US Focus http://ift.tt/1z0VqnO
Michal Meidan, Director, China Matters via CHINA US Focus http://ift.tt/1z0VqnO
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