In the course of tracking oil markets over the past 20 years, I have watched China systematically evolve into the second largest global economy, and later into a contending geopolitical power.
It was around 2003 when global oil prices pierced the psychological ceiling of US$30 due to pressure from an overheated Chinese manufacturing sector, which drove the longest ever oil price boom that lasted up to 2014, having peaked at US$140 in 2008.
