EFTA Document EFTA01459663

CIO View Special Imagining a world with oil at $15 per barrel Arstaw,Eg.tteni ECtruirV ane le 2.c. Hard landing in China: China's problems turn out to 1)0 much deeper than official figures suggest. The yuan devalues in a disorderly fashion. Major Chinese companies default on their foreign-currency debt. Chinese domestic spending collapses, resulting in oil imports actually shrinking, rather than just slowing. Lower Chinese growth drags down oil demand in other emerging markets. Likelihoo