Watch out for the Chinese speed bump

WHILE broader macroeconomic data coming out of China may be sending mixed messages about the state of the economy, disappointing earnings results from the nation's three major oil companies indicates all is not well on the demand side. By Gomati Jagadeesan

Watch out for the Chinese speed bump Watch out for the Chinese speed bump Watch out for the Chinese speed bump Watch out for the Chinese speed bump Watch out for the Chinese speed bump

Last week the "three sisters" all reported their first half results, and somewhat unsurprisingly, all three followed the major integrated oilies in reporting significant reductions in profit margins.

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