Announcement
17 Oct 2010
September 17, 2010 - The Chinese government lowered the quota for independent crude oil imports from 25.3m to 16.2m tonnes for the year 2011. The rate was renewed for the year 2012.
Source
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2011
Revocation date:
31 Dec 2012
Announced: 17 Oct 2010
Import quota
On September 17 2010, the Chinese Ministry of Commerce announced that it would lower the import quota for 'non-state trade' crude oil importers to 16.2m tonnes for the 2011 period, from 25.3m in 2010....
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