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Will 2018 be the year of China?

13 4 0
04.01.2018

We began to talk about China around 40 years ago as a very cheap production hub. Many goods that people around the world used were being produced in China. A few decades later China began to invest in people and started to fund global brands. And now today almost every day we hear more astonishing news about China.

Reuters reported just yesterday that China is set to overtake Japan as the world’s biggest natural gas importer. China - already the biggest importer of oil and coal - is the world’s third biggest user of natural gas behind the United States and Russia, but has to import around 40 percent of its total needs as domestic production cannot keep up with demand. This high demand for natural gas will deeply change global energy markets.

It was also reported by Reuters yesterday, citing local news agency Xinhua, that the Chinese government is building a $2 billion........

© Hürriyet Daily News