China's authorities have launched an investigation after a local report revealed that a major state-owned company had been employing tankers used for carrying fuel to transport cooking oil.

Simultaneous to filing its complaint, the department filed a proposed settlement, subject to approval by the court, under which the defendants have agreed to pay a $5.6 million civil penalty to ...

Good for China though, a lower imported oil bill and increased exports of dual use components to place like Russia and Iran. Sep 11th, 2024 - 01:09 pm 0 Jeff12 ...