Economic Calendar

Monday, November 17, 2008

China Cuts Imports of Gasoline, Diesel as Demand Growth Slows

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By Winnie Zhu and Wang Ying

Nov. 17 (Bloomberg) -- China, the world's second-biggest energy consumer after the U.S., cut diesel and gasoline imports last month as the economic slowdown damped fuel demand growth.

Diesel imports dropped to 80,000 metric tons from 340,000 tons in September and gasoline purchases declined to 31,533 tons from 122,850 tons, figures from the Customs General Administration of China show today.

To contact the reporter on this story: Winnie Zhu in Shanghai at wzhu4@bloomberg.net; Wang Ying in Beijing at wang30@bloomberg.net;




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