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6 White Paper on the Business Environment in China
36 “China Energy Data, Statistics and Analysis.” Energy Information 48 Lan Lan. “Fuel-Price Drop Good News.” China Daily. October
Administration, The United States Department of Energy. 9, 2011. http://www.chinadaily.com.cn/business/2011-10/09/
November 2010. http://www.eia.doe.gov/emeu/cabs/China/ content_13853620.htm.
Background.html.
48 Du Juan. “NDRC Raises Fuel Prices.” China Daily. September
37 Jim Bai. “China to Boost Oil Stockpiling Amid Price Slump.” 11, 2012. http://www.chinadaily.com.cn/business/2012-09/11/
Reuters. December 29, 2008. http://uk.reuters.com/article/ content_15748829.htm.
oilRpt/idUKPEK29764020081229.
50 “China to Cut Fuel Prices Starting Friday.” Xinhua. November
38 Wang Qian. “Oil Imports Hit Alarming Level in China: Study.” 15, 2012. http://www.chinadaily.com.cn/china/2012-11/15/
China Daily. January 14, 2010. http://www.chinadaily.com.cn/ content_15934040.htm .
bizchina/2010-01/14/content_9317926.htm.
51 Zhou Yan. “Growth in Oil Use to Slow in Tandem with Economy.”
39 “China’s Refining Capacity May Rise 50%, Sinopec Says.” China Daily. August 12, 2011. http://www.chinadaily.com.cn/
China Daily. May 25, 2010. http://www.chinadaily.com.cn/ usa/business/2011-08/12/content_13099816.htm.
bizchina/2010-05/25/content_9890521.htm.
52 Jim Bai and Chen Aizhu. “China’s “teapot” Refiners Say Able
40 Wang Yu and Li Xiang. “Construction of Petroleum Reserves to Ease Diesel Shortages.” Reuters. November 25, 2011.
Proceeding.” China Daily. July 23, 2011. http://www.chinadaily. http ://www.reuters.com/article/2011/11/25/china-oil-
com.cn/cndy/2011-07/23/content_12966801.htm. idUSL4E7MO14920111125.
41 “China to Invest 80 Billion Yuan in Oil and Gas Exploration 53 Charlie Zhu and Bill Powell. “Special Report: The Education of
This Year.” Reuters. September 15, 2013. http://www. China’s Oil Company.” October 6, 2013. http://www.reuters.
reuters.com/article/2013/09/15/us-china-energ y- com/article/2013/10/07/us-cnooc-nexen-specialreport-
idUSBRE98E03S20130915. idUSBRE99600720131007.
42 Brian Spegele. “Sinopec Chairman: China Needs to Change Ener- 54 Jim Bai and Chen Aizhu. “China Revamps Energy Mkt
gy Strategy.” China Realtime Report. November 13, 2012. http:// Access for Foreign Investors.” Reuters. December 29, 2011.
blogs.wsj.com/chinarealtime/2012/11/13/sinopec-chairman-chi- http://www.reuters.com/article/2011/12/29/china-energ y-
na-needs-to-change-energy-strategy/. Accessed November 27, 2012. idUSL3E7NT2RP20111229.
43 “China’s 1st Sino-foreign refining, petrochemical JV goes into 55 Jim Bai and Ken Wills. “China to Exclude Foreign Firms
operation.” Xinhua. November 11, 2009. http://news.xinhuanet. in Shale Gas Tender.” Reuters. May 18, 2012. http://www.
com/english/2009-11/11/content_12435807.htm. reuters.com/article/2012/05/18/china-shale-tender-
idUSL4E8GI2RY20120518.
44 “Shell’s China venture to Build Tianjin Fuel Storage –
Agency.” Reuters. January 9, 2012. http://www.reuters.com/ 56 Leslie Hook. “China Opens Shale Gas to Foreign Bidders.”
article/2012/01/09/shell-idUSL3E8C95I520120109. Financial Times. September 10, 2012. http://www.ft.com/
cms/s/0/fe651540-fb35-11e1-87ae-00144feabdc0.html.
45 Chen Aizhu. “PetroChina, Shell’s $13 billion refinery stalls
on land issue: sources.” Reuters. September 11, 2013. http:// 57 Vikki Allen. “Chinese Chemical Industry : Friend or Foe?”. Chemistry
w w w. r e u t e r s . c o m / a r t i c l e / 2 0 1 3 / 0 9 / 1 1 / u s - c h i n a - r e f i n e r y- World. April, 2005. http://www.rsc.org/chemistryworld/
idUSBRE98A0G220130911. Issues/2005/April/Chinesechemicalindustry.asp.
46 Chen Aizhu. “Chevron’s $6.4 Billion China Gas Project Pushed 58 Jia Hepeng. “China Quake Hits Chemical Industry”. Chemistry
Back Again: Sources.” Reuters. December 6, 2013. http:// World. May 16, 2008. http://www.rsc.org/chemistryworld/
www.reuters.com/article/2013/12/06/us-chevron-cnpc-gas- News/2008/May/16050802.asp.
idUSBRE9B507520131206.
59 Fang Yan. “Pain of China Export Slump Moves Along Supply
47 “Challenging Conditions May Continue, Says Sinopec.” China Chain.” Reuters. December 29, 2008. http://www.reuters.com/
Daily. December 25, 2009.http://www.chinadaily.com.cn/ article/reutersEdge/idUSTRE4BS0AC20081229.
bizchina/2009-12/25/content_9228303.htm.
146
36 “China Energy Data, Statistics and Analysis.” Energy Information 48 Lan Lan. “Fuel-Price Drop Good News.” China Daily. October
Administration, The United States Department of Energy. 9, 2011. http://www.chinadaily.com.cn/business/2011-10/09/
November 2010. http://www.eia.doe.gov/emeu/cabs/China/ content_13853620.htm.
Background.html.
48 Du Juan. “NDRC Raises Fuel Prices.” China Daily. September
37 Jim Bai. “China to Boost Oil Stockpiling Amid Price Slump.” 11, 2012. http://www.chinadaily.com.cn/business/2012-09/11/
Reuters. December 29, 2008. http://uk.reuters.com/article/ content_15748829.htm.
oilRpt/idUKPEK29764020081229.
50 “China to Cut Fuel Prices Starting Friday.” Xinhua. November
38 Wang Qian. “Oil Imports Hit Alarming Level in China: Study.” 15, 2012. http://www.chinadaily.com.cn/china/2012-11/15/
China Daily. January 14, 2010. http://www.chinadaily.com.cn/ content_15934040.htm .
bizchina/2010-01/14/content_9317926.htm.
51 Zhou Yan. “Growth in Oil Use to Slow in Tandem with Economy.”
39 “China’s Refining Capacity May Rise 50%, Sinopec Says.” China Daily. August 12, 2011. http://www.chinadaily.com.cn/
China Daily. May 25, 2010. http://www.chinadaily.com.cn/ usa/business/2011-08/12/content_13099816.htm.
bizchina/2010-05/25/content_9890521.htm.
52 Jim Bai and Chen Aizhu. “China’s “teapot” Refiners Say Able
40 Wang Yu and Li Xiang. “Construction of Petroleum Reserves to Ease Diesel Shortages.” Reuters. November 25, 2011.
Proceeding.” China Daily. July 23, 2011. http://www.chinadaily. http ://www.reuters.com/article/2011/11/25/china-oil-
com.cn/cndy/2011-07/23/content_12966801.htm. idUSL4E7MO14920111125.
41 “China to Invest 80 Billion Yuan in Oil and Gas Exploration 53 Charlie Zhu and Bill Powell. “Special Report: The Education of
This Year.” Reuters. September 15, 2013. http://www. China’s Oil Company.” October 6, 2013. http://www.reuters.
reuters.com/article/2013/09/15/us-china-energ y- com/article/2013/10/07/us-cnooc-nexen-specialreport-
idUSBRE98E03S20130915. idUSBRE99600720131007.
42 Brian Spegele. “Sinopec Chairman: China Needs to Change Ener- 54 Jim Bai and Chen Aizhu. “China Revamps Energy Mkt
gy Strategy.” China Realtime Report. November 13, 2012. http:// Access for Foreign Investors.” Reuters. December 29, 2011.
blogs.wsj.com/chinarealtime/2012/11/13/sinopec-chairman-chi- http://www.reuters.com/article/2011/12/29/china-energ y-
na-needs-to-change-energy-strategy/. Accessed November 27, 2012. idUSL3E7NT2RP20111229.
43 “China’s 1st Sino-foreign refining, petrochemical JV goes into 55 Jim Bai and Ken Wills. “China to Exclude Foreign Firms
operation.” Xinhua. November 11, 2009. http://news.xinhuanet. in Shale Gas Tender.” Reuters. May 18, 2012. http://www.
com/english/2009-11/11/content_12435807.htm. reuters.com/article/2012/05/18/china-shale-tender-
idUSL4E8GI2RY20120518.
44 “Shell’s China venture to Build Tianjin Fuel Storage –
Agency.” Reuters. January 9, 2012. http://www.reuters.com/ 56 Leslie Hook. “China Opens Shale Gas to Foreign Bidders.”
article/2012/01/09/shell-idUSL3E8C95I520120109. Financial Times. September 10, 2012. http://www.ft.com/
cms/s/0/fe651540-fb35-11e1-87ae-00144feabdc0.html.
45 Chen Aizhu. “PetroChina, Shell’s $13 billion refinery stalls
on land issue: sources.” Reuters. September 11, 2013. http:// 57 Vikki Allen. “Chinese Chemical Industry : Friend or Foe?”. Chemistry
w w w. r e u t e r s . c o m / a r t i c l e / 2 0 1 3 / 0 9 / 1 1 / u s - c h i n a - r e f i n e r y- World. April, 2005. http://www.rsc.org/chemistryworld/
idUSBRE98A0G220130911. Issues/2005/April/Chinesechemicalindustry.asp.
46 Chen Aizhu. “Chevron’s $6.4 Billion China Gas Project Pushed 58 Jia Hepeng. “China Quake Hits Chemical Industry”. Chemistry
Back Again: Sources.” Reuters. December 6, 2013. http:// World. May 16, 2008. http://www.rsc.org/chemistryworld/
www.reuters.com/article/2013/12/06/us-chevron-cnpc-gas- News/2008/May/16050802.asp.
idUSBRE9B507520131206.
59 Fang Yan. “Pain of China Export Slump Moves Along Supply
47 “Challenging Conditions May Continue, Says Sinopec.” China Chain.” Reuters. December 29, 2008. http://www.reuters.com/
Daily. December 25, 2009.http://www.chinadaily.com.cn/ article/reutersEdge/idUSTRE4BS0AC20081229.
bizchina/2009-12/25/content_9228303.htm.
146