SINGAPORE/BEIJING Chinese independent refiner Shandong Haiyou Petrochemical Group aims to restart its key crude oil unit in June, a year after it was idled following a bankruptcy filing, according to four sources with knowledge of the matter.
SINGAPORE/BEIJING, April 12 Chinese independent
refiner Shandong Haiyou Petrochemical Group aims to restart its
key crude oil unit in June, a year after it was idled following
a bankruptcy filing, according to four sources with knowledge of
DUBAI/SINGAPORE/BEIJING Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers to the business.
BEIJING The United States and China imposed fresh tariffs on each other's goods on Monday as the world's biggest economies showed no signs of backing down from an increasingly bitter trade dispute that is expected to hit global economic growth. | Video
BEIJING A tour of a 136-year-old political drama by Norwegian playwright Henrik Ibsen was cut short in China after some members of the audience in Beijing shouted out at the performers and called for freedom of speech.
BEIJING China's factory price inflation held steady in July in a positive sign for industrial output and profits for the third quarter, even though a government-led drive to reduce debt is expected to cool earnings and economic growth by year-end.
BEIJING China's producer price inflation was unchanged in June and remained well off highs seen earlier this year, amid lingering oversupply issues in the steel sector and as signs of economic weakness weighed on the outlook for prices.
BEIJING Profits earned by Chinese industrial firms rose 14.0 percent in April from a year earlier, official data showed on Saturday, slowing from March's pace and adding to concerns that the world's second-largest economy may be losing steam.
BEIJING Germany's Volkswagen AG and
Anhui Jianghuai Automobile Group (JAC Motor) have
received approval from Chinese regulators to form a joint
venture to make electric vehicles, the two automakers said on
BEIJING China's foreign exchange reserves unexpectedly rose for the first time in eight months in February, rebounding above $3 trillion as a regulatory crackdown and a steadying yuan helped staunch capital outflows.