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China move to drop crude off tariff list a relief for Sinopec

Reuters India
China move to drop crude off tariff list a relief for Sinopec

BEIJING (Reuters) - China's decision to remove crude oil from its latest tariff list in an escalating trade war with the United States was a relief to state oil firms prompted by a strong lobbying effort by main importer the Sinopec Group, Beijing-based oil sources said. Dropping crude oil from the