China Sells Strategic Oil As Prices Surge rfa.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rfa.org Daily Mail and Mail on Sunday newspapers.
"Teapot 2.0" firms have built vast refining complexes that are greener and more focused on using crude to make plastics and chemicals instead of more polluting fuels such as diesel.
BEIJING: China’s newest oil refiners are thriving by aligning themselves with President Xi Jinping’s vision, expanding even as their older rivals and several other private businesses have been reined in by Beijing.