Commentary: China not immune to oil fever or U.S. slowdown – William Pesek Jr.

From the International Herald Tribune:

As the age of globalization grapples with its first energy shock, few major economies may be more vulnerable than China. That is not what you will read in the popular press. There, the story is China’s 9.5 percent growth, its boundless potential and how the Chinese juggernaut will soon cost you your job. It is also about how China’s boom is behind rising prices at gas pumps from Atlanta to Osaka.

Yet China is not immune to crude prices approaching $70 a barrel.

Categories :

Tags :,


CDT on Twitter

Google Ads 1


Giving Assistant

Amazon Smile

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.