Revisiting the Dynamic Response of Chinese Price Level to Crude Oil Price Shocks Based on a Network Analysis Method.

Entropy (Basel) · 2022 · PMC9318281 · PMID 35885171

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an increasing trendno p-value reported

China’s dependence on foreign crude oil shows an increasing trend (reaching 72% in 2021), making the Chinese economy sensitive to international crude oil price fluctuations that is prominently reflected in the Chinese price level [ 2 , 3 , 4 ].

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