China Biodiesel Exporters Pledge Fraud Crackdown After Criticism From EU

(Bloomberg) — Chinese biodiesel producers pledged to improve compliance and export standards, days after European rivals called for action to stem “potentially fraudulent” shipments.

A group representing the country’s biggest producers and affiliated with the technology ministry promised closer monitoring of the quality and sourcing of biofuels. However, Chinese supplies shouldn’t be treated differently by the European Union, it said in an open letter.