Plans by China’s independent oil refiners to merge are the latest indication of the pressures wrought by the country’s growing refining overcapacity, which has triggered a battle for market share and thrown into question a long-awaited liberalisation of the country’s oil sector.
中國獨立煉油廠的合并計劃，是中國日益加劇的煉油產能過剩帶來的壓力的最新表現。產能過剩引發市場份額爭奪戰，也讓人們等待已久的石油行業開放陷入不確定。
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