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Min Zhang

Bankrupt China 'teapot' refinery plans restart after bailout -sources

Apr 12 2019

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.

Saudi Aramco shifts strategy in China to boost oil sales

Mar 14 2019

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.

China says U.S. trying to force it to submit on trade as new tariffs kick in

Sep 24 2018

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

Tour of Ibsen play cut short in China amid cries for freedom

Sep 13 2018

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.

Steady China factory inflation a boon for industrial profits, economic growth

Aug 09 2017

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.

China's June factory price inflation subdued on modest raw materials recovery

Jul 10 2017

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.

China April industrial profits up 14 percent but slowing pace stokes economy worries

May 27 2017

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.

Chinese regulator approves VW-JAC Motor electric car venture

May 22 2017

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 Monday.

China FX reserves rebound above $3 trillion in February, first rise in eight months

Mar 07 2017

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.

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