The world’s second-largest economy is conflicted as far as an OPEC production cut is concerned, one analyst told CNBC.
China is facing a “trade off” between its oil industry and the rest of its economy, Miswin Mahesh, an oil market analyst for Barclays, told CNBC via telephone. Ultimately though, Mahesh asserted that “it is in China’s interest that OPEC doesn’t cut.”
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