China in focus: Demand recovery, import outlook and peak oil scenarios

<p><a title= "China Q3 GDP up 4.9% but ailing aviation, manufacturing sectors to cap fuel demand" href= "https://www.spglobal.com/platts/en/market-insights/latest-news/oil/101920-china-q3-gdp-up-49-but-ailing-aviation-manufacturing-sectors-to-cap-fuel-demand"> China's GDP</a> grew by 4.9% the third quarter, putting the country's economy back on an expansionary track. China is one of the very few countries to register a positive growth amid the <a title="COVID 19: Coronavirus Outbreak" href= "https://www.spglobal.com/platts/en/market-insights/topics/coronavirus-impacts-commodity-markets">COVID-19 pandemic</a>. Against this backdrop, S&P Global Platts Head of News in Asia <strong>Mriganka Jaipuriyar</strong>, senior oil writer <strong>Oceana Zhou</strong>, and Head of Global Demand and Asia Analytics <strong>Dr. Kang Wu</strong> examine China's prospects in a world that continues to face an immense oil demand destruction, forecasts of <a title= "Global oil demand set to plateau, not decline by 2040: IEA" href= "https://www.spglobal.com/platts/en/market-insights/latest-news/metals/101320-global-oil-demand-set-to-plateau-not-decline-by-2040-iea">peak oil demand</a> amid a <a title="Energy Transition" href= "https://www.spglobal.com/platts/en/market-insights/topics/energy-transition">decarbonization drive</a> across the globe, and the implications the <a title="US Elections 2020" href= "https://www.spglobal.com/platts/en/market-insights/topics/2020-us-elections">US elections</a> might have on China's near to medium term growth. </p>