China will strictly control new capacity in its oil refining industry and will accelerate the elimination of inefficient and outdated production capacity, the industry ministry said

As vice-chairman, Chang will play a key role in building out the Asian hub for PGIM Investments, as well as enhance PGIM’s overall presence

Shanghai has fallen silent after it imposed harsh movement curbs to stem the spread of Covid, with only health workers, delivery personnel or people with special permission allowed outside

State-run Sinopec, CNOOC, PetroChina and Sinochem have stayed on the sidelines in trading fresh Russian cargoes for May loading

The flight to Shanghai, which is in the middle of a strict Covid-19 lockdown, comes as Chinese authorities scrutinise China Eastern's safety processes

Xu will also join the company's board as an executive director, while Richard Liu will retain his title as the board chairman, JD.com said

Washington said Beijing should "take away the right lessons" from the coordinated response over Ukraine if it is considering any moves on Taiwan

Three construction project payments were successfully made through China’s digital yuan, or e-CNY, in the eastern Chinese city of Suzhou

The shipment is part of a 10-year agreement signed between the Middle East nation's QatarEnergy and Chinese state oil and gas company Sinopec

But Moore Threads, which investors value at more than $2 billion, has omitted important information: key pieces come from the UK

Ukraine conflict has knocked 2.8% off world trade over last two months. And the Kiel Trade Indicator says China trade faces 'stagnation', due to the Covid lockdown in Shanghai

The Asia-focused lender acquired the additional stake from its joint venture partner Qianhai Financial Holdings, which retains a 10% stake