Wow, 10 % is like doubling the economy every 7 years!

It just went from freakingly fast to a weebit less faster.

It sure tell how the increase in oil consumption will fare in the following month.

I saw several reports through the summer that China's oil demand had decreased, and found that hard to believe.

Not long ago it turned out there was a 10.5% increase. They are also filling their (newly built) reservoirs at the moment, and will do so as fast as they can with the low prices.

Also not long ago, the government said they were aiming to decrease the growth rate to 7-8%. Didn't quite succeed. Providing they were ever serious.

And yes, you're right, they're looking at a doubling in about 6.5 years at this rate. While, what was it, 30%(?!) of the rivers are already too toxic to even stand in, let alone drink the water. I can only see China heading for a huge implosion. Economic growth as a Pandora's box.