VOL. XLIV

No 52

24/31-December-2001

SUPPLY/DEMAND

China Sets New Products ImportQuotas

China expects crude oil andproducts import quotas to grow initially by 15% a year, according to a WorldTrade Organization (WTO) accession protocol released by the Ministry of ForeignTrade and Economic Cooperation in Beijing on 12 December. The new quotas followthe republic痴 entry into the WTO on 11 December and cover crude oil, motor andaviation fuels, naphtha, kerosene, and fuel oil, although the protocol does...