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China Boosts Oil Imports to Record on Falling Prices

Bloomberg, 13 October 2008

China, the world's second-largest energy user, increased crude-oil imports to a record last month, taking advantage of falling prices, as domestic refining capacity climbed. Crude imports surged 46 percent to 20 million metric tons or 4.87 million barrels a day in September from a year earlier, according to Bloomberg's calculations based on figures provided by the Beijing-based Customs General

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