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Besides LNG, there would be a risk for oil prices if China uses the bazooka option on US crude oil exports, said Geneva-based consultancy Petromatrix. Bazooka option refers to a possible steep increase in Chinese tariffs on crude oil imports from the US, which could potentially penetrate several layers of the US economy. China is the second-biggest importer after Canada of US crude oil, to the tune of about 400,000 barrels per day.
Benedict Kiage, the principal and director of MCEDO Beijing School, said that Mathare being a slum area, many of their students have been adversely affected by the pandemic. Kiage thanked KCETA for their steadfast support for the institution especially during these tough times.
Besides, the price premium of high-quality iron ore over low-quality ores will generate higher margins for sellers of premium products, she said.
Besides VAT reduction to promote the real economy, Yunnan also exempted 6 billion yuan of taxes to enterprises through replacing their business taxes with VAT in the first quarter this year, up more than 80 percent.
Between 2014 and 2016, Chinese listed companies paid on average over 30 percent of their net profits to shareholders, a moderate level compared with those in other countries.
来源：资阳报