"I have to correct one thing China is the largest consumer of oil and the rate cut will stimulate the economy and demand.'
How will it do that when it's only aimed at slowing a slide in the economy and the currency is falling making energy prices more expensive for Chinese consumers.
Are you saying when petrol prices rise Chinese will decide to drive around some more just for the fun of it?
Are you applying economic 010?
China Interest rate cut finally, page-6
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