VOL. XXXI

NO. 29

25-APRIL-1988

OPEC/NON-OPEC

China Offers 5% Cut in Exports

According to the Iranian news agency IRNA, China has indicated readiness tocut its oil exports by 5% this year in support of OPEC's effort to stabilize themarket. IRNA states that this was indicated by China's Minister of ForeignEconomic Relations, Mr. Tuobin Zheng, during talks in Peking on 21 April withIran's Deputy Oil Minister, Mr. Hossein Kazempour Ardebili. The Chinese Ministerwas reported to have pointed out to Mr....