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Sinochem Group is considering retaining three bankrupt oil refineries in eastern China after auctions to sell them attracted little interest, reported Reuters, citing sources. This…
(Bloomberg) -- (This story was originally published on July 29, 2023. In September 2024, People’s Bank of China Governor Pan Gongsheng announced an unprecedented stimulus blitz to support…
Power grids in Chinese provinces including Shanghai and Zhejiang are experiencing extreme demand as record temperatures reach more than 40°C (104°F). State broadcaster CCTV reported that…
