KUWAIT CITY - In the southern desert of Kuwait, the Kuwait New Refinery Project, launched with the help of China Petrochemical Corporation or Sinopec, is under construction with an aim to increase oil processing capacity of the Arab country.
CHINA MINING News
BRI has positive impacts globally:expert
HOUSTON - The Belt and Road Initiative (BRI) is making positive impacts across the world, Brian Lantz, the senior executive of Schiller Institute, an international political and economic think tank, said Tuesday.
China's economy has enormous potential:experts
CANBERRA - China's domestic economy has enormous potential, said Australian experts while talking about China's buoyant economic growth for the first quarter of this year.
Oil demand growth expected to slow:Energy agency
The growth of China's demand for oil is expected to slow as the country's economic restructuring and ever-stringent environmental policy tightens, according to Oil 2019, the International Energy Agency's annual outlook for global oil markets released in Beijing on Tuesday.
Stabilizing still urged as GDP beats forecasts in Q1
China's economy grew at a faster-than-expected 6.4 percent year-on-year in the first quarter, matching the rate from the fourth quarter of last year, the National Bureau of Statistics said on Wednesday.
Tianjin is at the forefront of reform, opening up:FM
The Belt and Road Initiative has brought new and important opportunities for Tianjin to stand at the forefront of reform and opening up, State Councilor and Foreign Minister Wang Yi said on Tuesday.
Energy demand growth set to decline by 2040
Services and consumption to power usage, rather than gas-guzzling firms
China's energy demand growth is expected to slow to 1.1 percent per annum by 2040, less than one fifth of its pace in the last 22 years of 5.9 percent per annum, according to the BP Energy Outlook 2019.
IMF revises up China growth forecast for 2019 to 6.3 pct
WASHINGTON -- The International Monetary Fund (IMF) on Tuesday revised up the 2019 growth projection for China to 6.3 percent, up 0.1 percentage point from its previous estimation in January, according to the newly released April 2019 World Economic Outlook (WEO).
Demand for iron ore to remain strong, Rio Tinto CEO says
As China implements more stringent policies and regulations on the environment, the demand for high-quality iron ore will remain strong in the coming years, which provides companies like Rio Tinto an edge in the country, CEO Jean-Sebastien Jacques said.