Good article warning China gasoline exports will drop drastically in September and ….. Good reminder that Chinese Government not Free Trade is driving force in that country, Industry & Government walk arm in arm unlike the US/Western World, and that protectionism has the over-ride slot. Not exactly what was promised to get WTO status??
Only thing that China seems to share with the WTO countries in Oil industry is the feeling that : China’s oil majors, which are monopolized state-owned companies, are often accused of not doing enough to contribute to society after raking in huge profits.
And that song never seems to change no matter what key – or country the song is sang.
Regards
Charlie Randall