Financial Times | China's 'teapot' oil refiners feel the heat as competition grows Financial Times China's independent oil refiners face an uphill struggle as excess capacity in the sector and slower demand for fuel creates a tougher trading environment, a top executive has warned. Zhang Liucheng, vice-president of Shandong Dongming, said growing ... APPEC: Chinese independents' group to apply for oil product export quotas in 2018 |