Closer to market

31 May 2018 By Christopher Beddor

China will cut some implicit subsidies for the fuel. The main winner is the $210 bln state-run giant, which as the country’s top supplier will lose less on imports. More freedom is likely to follow – benefiting investors while stoking spending in infrastructure and production.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)