Nepal to end Indian monopoly over fuel imports with China deal

Nepal to end Indian monopoly over fuel imports with China deal
In a significant departure, Nepal and China have agreed to sign a long-term petroleum deal to China import fuel from Beijing. With this, Nepal will end the Indian monopoly over fuel China imports. The foreign ministers of Nepal and China have directed the …
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China China import decline reflects manufacturing weakness
The rise in crude oil China imports probably reflects the increase in strategic reserves, while iron ore stockpiles at ports have continued to increase, suggesting that final demand hasn't improved much,” economists at China International Capital Corp led by …
Read more on Financial Times