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China imports huge volumes of ethanol

Traders speculate that the spike could signal Beijing's intentions to ease restrictions on its biofuels market

China has begun importing ethanol in volumes big enough to stir hopes that it might herald an opening of a major, until now barely accessible, market.

New York

RECENT news from China makes depressing reading for commodities producers, with a slowing economy, tumbling stock prices and a currency devaluation all signalling weaker demand.

There is one exception: the world's second biggest economy has begun importing ethanol in...

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