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Business

Rival exporters fear China's high-grade oil products

Chinese oil product distributors are aiming to compensate for lower demand due to a slowing economy with greater exports.

TOKYO -- With the quality of Chinese gas oil steadily improving, Japanese distributors, who have been the leading exporters of high-grade oil products in Asia, are increasingly taking note and may be forced to reconsider export strategies due to the growing presence of their new rival.

Diesel and other gas oil fuels from Chinese companies have recently become comparable to products from Japanese peers. If qualities are indeed similar, Japanese companies may lose their competitive advantage. 

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