China· EminChina Authorizes 2027 Non-State Crude Oil Import Quotas
China's commerce ministry has authorized 257 million metric tons of crude oil import quotas for non-state firms in 2027, signaling a significant economic policy development.
Background
China is the world's largest crude oil importer, with non-state firms playing a significant role in its energy supply. The authorization of import quotas is a key aspect of China's economic policy and its management of energy resources.
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China Authorizes 2027 Non-State Crude Oil Import Quotas
First report 7h agoLast update 4h agoReports on China's commerce ministry authorizing 257 million metric tons of crude oil import quotas for non-state firms in 2027.
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