“Feeding China's Growth” Featured in September Issue of EQUITIES Magazine

The article "Feeding China's Growth" in the EQUITIES Magazine September issue illustrates China's mindset on economic expansion and how it continues to be a driving force for the global market.

Commended for its effective implementation of the $586 billion stimulus plan, which targeted the spending on improving the country's infrastructure, China has been able to maintain pace of GDP growth estimated to be somewhere in the neighborhood of 8%.

Lawmakers have managed, for the most part, to cope with the drop-off in demand for its country's cheap exports by turning its economical focus inward. China's oil and gas, as well as basic materials companies are directly positioned to reap the advantages provided by the stimulus spending. China is the world's second-largest consumer of oil behind the United States, by 2030, China could pass the United States as the world's largest oil consumer. 

Some of the leading Chinese oil and gas companies that are currently trading in the United States include: PetroChina Co. Ltd.(NYSE: PTR), China Petroleum & Chemical Corp. (NYSE: SNP), China Natural Gas Inc. (NASDA: CHNG), Aluminum Corp. of China Ltd (NYSE: ACH), and General Steel Holdings Inc. (NYSE: GSI).

To continue reading on China, its stimulus spending, and more click here.

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