· Web viewChina is now the world's second largest economy after the United States. However, Chinas GDP per capita is still relatively low though it rose from USD 1,263 in 2001 to USD 6,100 in 2012. In 2012, according to the poverty relief standard of annual net income of 2300 RMB per capita, the rural poverty population of China was 98.99 million. [DOC]mofcom.gov.cn · Web viewTherefore, the oil price is not fixed. To support the "diversification of crude oil supply", Korean government refunds the additional transport cost to refiners and/or importers for the non-Middle East country imported crude oil within a limit of actually levied "surcharge on import petroleum" (16 per
· Web viewGold prices, which since January 2017 had been rallying on account of safe haven demand and heightened geo-political tensions, rose by 10% in September 2017 to reach US$1 316 per ounce. Volatile prices then retreated to $1 280 per ounce in October 2017, on a strengthening US dollar and expectations of higher interest rates in the United States.