Chinese Numbers Hiding Something In Reserve?

Following reports of China’s import figures for May, attention has focused on the data for crude oil imports. In January to April 2013, China imported 92mt of crude (including landborne trade), or 5.6m bpd, followed by 5.7m bpd of imports in May. In the year-to-date, imports by the major hope for crude oil trade growth aredown by 2%. Is it time to plan for