The international oil prices continue to slump.

ANBOUND's research team points out that, from a historical point of view, it will be far more difficult for the oil prices to bounce back than to fall further.

In the 1980s, the oil prices slumped for five continuous years but it took twenty years for it to recover fully.

The global economic downturn and the slowdown in China’s demands have caused the slump in oil prices and commodities. The one-off effects will reflect on the trade performance but the excessive decrease in prices will eventually affect the economic growth.

This is the other side of the impacts of the falling oil prices on China’s economy.