China
China undoubtedly is one of the fastest-growing global markets. During the economic downturn, China's gross domestic product (GDP) remained above five percent according to the China Statistical Yearbook 2009 (www.stats.gov.cn). In recent quarters, China has posted GDP figures in excess of eight percent. Within the emerging market arena, China is one of the best investment stories.
The increase in GDP has resulted in growth of a variety of manufacturing and service industries in China. In addition, the Chinese consumer has newfound wealth resulting in increased purchasing power. Chinese consumers are buying energy-using durable goods and electronics such as cars and appliances. As a result, Chinese energy demand is rapidly growing. Chinese ...
Get Investing in Energy: A Primer on the Economics of the Energy Industry now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
