When China sneezes…

In this podcast, Michal Meidan, director of the China Energy Research Programme at OIES discusses the implications of the coronavirus outbreak for China’s oil, gas and chemicals demand, based on two recent publications. While there are still numerous uncertainties regarding the coronavirus outbreak and therefore its impact on energy demand, the travel restrictions and quarantines introduced by the Chinese government to limit the spread of the epidemic have brought the Chinese economy to a virtual standstill. This is inevitably weighing on demand for oil, gas and petrochemicals while also altering trade flows and disrupting supply chains globally. In this podcast we offer a preliminary assessment of the impact and discuss the prospects of a strong stimulus once the outbreak is contained.

By: OIES