China’s demand for fuel oil typically comes from independent refiners, which can opt to use it as an alternative feedstock when they run out of crude-oil import quotas.
Featured Posts Title
US officials deny there are plans to sell weapons to China
Trump disputes his ambassador’s account that he asked China’s president if he wanted to buy US arms
Trump says he did not discuss the possibility of the US selling weapons to China, contradicting his ambassador
US, China agree to tariff reductions on $60 billion worth of trade
Drones ‘Completely Banned’ in Beijing! The Shock of Strict Regulations That Prohibit Not Just Flying, but Also Possession and Storage
Trump officials warn China is weaponizing rare-earth dominance as Beijing uses critical minerals for leverage
US., China agree to slash tariffs on $60B of goods
Recent Posts
China’s fuel oil imports slip in 2025 on weaker demand from refineries
Market Mechanisms Activate Investment Potential in Shanxi Energy Storage, Supercapacitor Technology Leads Industry Commercialization Transformation
Historically, the energy storage industry has often relied on policy support and fiscal subsidies. It lacked sustainable commercial viability. In recent years, Shanxi has taken the lead in breaking …
China’s Busy Ming to test investor appetite for consumer plays with Hong Kong IPO
Snack and drink retailer aims to raise up to US$428 million, but listing plan comes amid weak mainland domestic demand.
11 Chinese cycling brands you don’t know about, but should
China is making big inroads into the Western cycling market. These are the companies that should be on your radar …
UK approves China plan for mega embassy in London despite spy fears
Britain’s government gave approval on Tuesday for China to build its largest embassy in Europe in London, hoping to improve ties with Beijing despite British and U.S. politicians’ warnings that it …
Why China has so many robot IPOs
Chinese companies accounted for more than half of all the humanoid robot exhibitors on show at this year’s CES tech trade show in Las Vegas. That prominence was no accident. China’s position in …
Researcher Hou Lei chronicles daily life in historical Beijing
A newly published book, Anecdotes of the Yan Capital, has drawn attention for its detailed portrait of historical Beijing. The volume collects research by Qu Xuanying, the son of a senior Qing Dynasty …
Shanghai maps global financial hub plan to 2035, for world-class and socialist metropolis
Economic powerhouse has sights set on AI, advanced manufacturing and global financial services, reflecting a national 5-year plan’s first explicit financial-centre directive.
UK approves China plan for its largest embassy in Europe despite espionage fears
Britain’s government gave approval on Tuesday for China to build its largest embassy in Europe in London, hoping to improve ties with Beijing despite British and U.S. politicians’ warnings that it …
China Is Importing Its Last Ultra-Cheap Sanctioned Venezuelan Oil
China is set to receive the final shipments of super-cheap, sanctioned Venezuelan crude oil, after which its refiners will transition to paying international prices under a new U.S.-controlled export …
Shenzhen leads China’s megacities in commuting efficiency
Conducted by the China Academy of Urban Planning and Design, the report reveals that an impressive 81 percent of Shenzhen’s commuters complete their one-way journeys in under 45 minutes, making it the …
China’s Sweeping 2025 Anti-Unfair Competition Law Revision: Far-Reaching Impacts on Brand Protection, Data Governance, eCommerce, and Platform Regulation
On June 27, 2025, China’s National People’s Congress Standing Committee enacted a landmark revision to the Anti-Unfair Competition Law (AUCL), effective October 15, 2025. This sweeping update is the …
China plans new measures to spur consumption for next five years
BEIJING, Jan 20 () – China plans to roll out new policies from 2026 to 2030 to spur domestic consumption and tackle “prominent” imbalances in supply and demand, with the services sector becoming a …
