Import quotas allow a certain amount of an item to be imported, preventing a tax from adding to the final price paid by ...
Steady quotas expected: Typically, Beijing maintains relatively stable grain quotas. Expected figures for 2024 are approximately 9.636 MMT of wheat, 7.2 MMT of corn, and 5.32 MMT of rice.
China issued a second batch of crude oil import quotas for 2025 to its independent refiners, potentially boosting the country ...