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RMB Cross-Border Interbank Payment System was officially implemented online

On October 8th, 2015, the I-stage China RMB Cross-Border Interbank Payment System (CIPS) was implemented online successfully by PBC,

October 10, 2015

China investment to Belt-and-Road countries Jan. to Aug. increased by 48.2%

According to China Commerce Department, from January to August, 2015, China direct investment to Belt-and-Road countries totaled at 10.73 billion dollars,

October 09, 2015

Down adjustment of non-OPEC crude supply

Down adjustment of non-OPEC crude supply

October 09, 2015

September China PMI was 49.8%

In September, 2015, China PMI was 49.8%, MoM increasing by 0.1 percent point.

October 09, 2015

Singapore diesel import margin increased to CNY778/mt

According to JYD, import margin of Singapore gasoline for South China-based importers boomed to CNY340/mt on average during September 1st-30th, a large increase MoM.

October 09, 2015

Saudi Aramco expands cooperation with PetroChina

It was reported that the largest oil company Saudi Aramco engaged Deutsche Bank as the consultant for the possible purchasing billions of dollars PetroChina’s marketing, retailing and refi

October 08, 2015

China crude imports was slashed by 1 million barrels per day

The data from Xinhua News Agency showed that, in August the daily imports of crude in China declined by 1 million barrels against June and July.

October 08, 2015

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