China diesel demand picks up at fastest pace in at least five years

By Jessica Jaganathan and Meng Meng SINGAPORE/BEIJING, Sep 20 : China’s diesel demand will grow at its fastest in at least five years as a pick-up in diesel-intensive sectors in the world’s second-biggest economy coincides with lower output from domestic refineries, several sources and analysts said. Estimates of the hike in diesel use from three […]

EU unveils Asia infrastructure plan, denies rivalry with China

By Robin Emmott BRUSSELS, Sept 19 : The European Commission proposed on Wednesday a foreign policy plan to improve transport, energy and digital infrastructure links with Asia but denied seeking to counter China’s ambitions that have raised suspicion in Western capitals. The plan, which would be backed by additional funds from the EU’s common budget […]