Asia Pacific January 2019

As Chinese GDP growth eases, so too will increases in gas consumption.

China’s GDP growth is forecast to rise to 6.2% in both 2019 and 2020 before declining to 6.0% in 2021. GDP rose by an estimated 6.5% in 2018. State spending has dropped, but an increase in private fixed investment helped support growth last year. However, the expectation of weaker exports is weighing on the outlook for economic expansion this year. China’s gas demand growth is also expected to ease this year, falling from the...