VOL. XLV
No 31
5-August-2002
SUPPLY/DEMAND
ChinasCrude Import Market Promising But ProductsLiberalization Constrained
Chinasvigorous economic growth is leading to growing demand for oil products, and thecountrys supply/demand balance has become an increasingly critical factor indetermining the strength of the Asiamarket. After joining the World Trade Organization (WTO) in December 2001, Beijingpromised a number of reforms to its state-controlled oil industry. Two recentreports provide different...
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