No More Chinese Tailwinds

November 14th, 2025:Tanker market may have to live without Chinese growth For several decades China’s rapid economic expansion and corresponding oil demand growth was the key driver of global ton-mile demand. China’s rapid industrialization and urbanization, which started in the late 1990s and accelerated after China’s entry into the World Trade Organization (WTO) in 2001, generated huge demand for global commodities, including oil. This so-called “Commodity Supercycle”, which lasted until about 2014, peaked in 2008-2011. In the aftermath of the global financial crisis, China’s growth started to slow down. The impact on the oil markets is now starting to be felt. Please fill in below form to continue read.