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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (4019)12/31/2004 2:56:10 PM
From: RealMuLan  Read Replies (1) of 6370
 
China to Challenge World Energy Market

According to the "World Energy Outlook" report prepared by the International Energy Agency, the world's energy consumption will increase by 60 percent by 2030.

China will rival the US as the biggest consumer and will use 10 million barrels oil per day by 2030. The Energy Agency report says the most significant reason behind the oil prices' increase as the increase in demand in China and points out that China's development should be considered in the sector.

zaman.com
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