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Asia Pacific Economic overview

November 2018

China’s economic growth will continue to support its expanding energy market.

China’s GDP is forecast to rise by 6.6% in 2018 and by 6.3% in 2019. Although this represents more moderate growth than that seen in recent years, it will still be enough to support continued growth in the country’s energy demand and the expansion of its gas market. Gas demand growth is anticipated to weaken between now and 2020 as the government winds down its coal-to-gas switching programme – which boosted gas consumption last year...