On China's oil consumption.

• Author: Rees, Matthew
• Position: Just the facts: TIE's Executive News Service - Brief article

"Over the past five years, Chinese oil consumption has grown at an 8.7 percent annual rate. The rest of the world has grown at an annualized rate of 1.5 percent. China's current consumption of 7.6 million barrels of oil a day represents 9 percent of world oil output, according to the International Energy Agency, the Paris-based energy watch-dog for industrialized countries. Five years ago, China...