China’s economy grew at 6.5% in the fourth quarter, bringing the world’s second-largest economy’s GDP growth to 2.3% in 2020, National Bureau of Statistics data showed Jan. 18. Receive daily email alerts, subscriber notes & personalize your experience. Register Now This paves a way for robust economic growth of about 8% in 2021, which will help the Asia’s biggest energy consumer propel domestic oil demand in top gear, with analysts S&P Global Platts spoke to expecting a consumption growth of 3.5%-4.5% year on year. China’s economy has recovered steady from the GDP decline of 6.8% in the first quarter due to COVID-19 outbreak, flipping into a year-on-year growth of 3.2% in the second quarter and 4.9% in […]