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Search resuls for: "Li Ya"


6 mentions found


☆ Petronas says assessing fire damage at Malaysian joint venture with Aramco
  + stars: | 2022-11-01 | by ( A. Ananthalakshmi Trixie Sher Li Yap | A. Ananthalakshmi | Trixie Sher Li Yap | ) www.reuters.com   time to read: +2 min
KUALA LUMPUR, Nov 1 (Reuters) - Malaysian state energy firm Petronas said on Tuesday it was studying the damage to interconnecting pipes caused by a fire last week at its refinery and petrochemical joint venture with Saudi Aramco. Petronas said last Thursday a fire and explosion occurred at the Pengerang Integrated Complex (PIC) located in the southern Malaysian state of Johor. "The damage to the interconnecting pipes caused by the recent incident at Pengerang Integrated Complex is currently being further assessed for rectification," the company said in an emailed statement to Reuters. A spokesperson at Pengerang Refining Company and Pengerang Petrochemical, collectively known as PrefChem, said the affected portion of the plant is currently shut down because of a disruption in nitrogen supply. On Monday, Petronas Chemicals Group (PCGB.KL) said in a statement that the interconnecting pipes in the incident were not within the petrochemical facilities in which PCG has 50% direct equity.
☆ China's Xi deals knockout blow to once-powerful Youth League faction
  + stars: | 2022-10-26 | by ( Martin Quin Pollard | ) www.reuters.com   time to read: +5 min
BEIJING, Oct 26 (Reuters) - The three most glaring omissions from China's new Communist Party leadership share one common trait: all rose through its Youth League and were considered members of a once-powerful faction whose influence Xi Jinping has now effectively crushed. "On Hu Chunhua, I think this has been Xi Jinping's main tactic of shutting down the youth league faction," said Victor Shih, an expert on elite politics in China and a professor at the University of California, San Diego. "They are completely defeated," said Cheng Li, a specialist on the transformation of political leaders in China, referring to the sidelining of the Youth League faction. The Youth League has been active in attacking foreign brands accused of misbehaviour in China, such as false advertising. The Youth League did not immediately respond to a request for comment on Wednesday.
☆ Analysis: China's newly empowered Xi faces a daunting to-do list
  + stars: | 2022-10-25 | by ( Tony Munroe Yew Lun Tian | Tony Munroe | Yew Lun Tian | ) www.reuters.com   time to read: +5 min
China's strategy aims to win over "swing" countries to score United Nations votes, the diplomat said on Tuesday. Washington said it had taken note of the congress and stressed the importance of keeping open lines of communication. Like many up-and-comers, he is a former subordinate from Xi's days as party chief of the eastern province of Zhejiang. Other pro-reform policymakers excluded from the party's new central committee were outgoing economic czar Liu He, 70, and central bank party chief Guo Shuqing, 66. Also among the newcomers is Ding Xuexiang, who was Xi's chief of staff and named to the new Standing Committee.
☆ The power of one: Xi solidifies grip at party congress
  + stars: | 2022-10-23 | by ( Yew Lun Tian Tony Munroe | Yew Lun Tian | Tony Munroe | ) www.reuters.com   time to read: +7 min
Three of the four new Standing Committee members owe their political rise to Xi, and the fourth is believed to be closely aligned with him. All but Guangdong party chief Li Xi worked under Xi in the 2000s, either in affluent Zhejiang province or in Shanghai. By excluding Li Keqiang and Wang Yang, both 67, from the party Central Committee and Standing Committee, Xi broke with the "seven-up/eight-down" rule that those aged 67 or under would remain for another five years. No woman has ever made it onto the Standing Committee. NOT TROUBLE-FREEThe run-up to the party congress was hardly smooth, with China facing sharp economic slowdown, frustration over zero-COVID and worsening relations with the West.
☆ Asia, Middle East ramp up diesel exports to Europe in October
  + stars: | 2022-10-20 | by ( Trixie Sher Li Yap Ron Bousso | Trixie Sher Li Yap | Ron Bousso | ) www.reuters.com   time to read: +4 min
"East of Suez is sending everything they can ship... it's just a question of how much China exports in November," a Europe-based trader said. Exports from India and the Middle East for October to northwest Europe were at around 480,000 tonnes and 834,000 tonnes respectively, compared with 361,000 tonnes and 511,310 tonnes a month ago, the data showed. The trader estimated that Europe may import about 3 million tonnes (750,000-850,000 barrels per day) from east of Suez in November, of which the Middle East could account for two-third of the volume. Traders expect the bulk of supplies to Europe to come from India and the Middle East, on shorter shipping times. Already soaring diesel prices in the United States have led traders to divert several cargoes heading from the Middle East to Europe to the New York harbour area, further constraining supplies in Europe.
☆ China’s Xi reemerges after trip abroad quashing unfounded ‘coup’ rumors
  + stars: | 2022-09-28 | by ( Nectar Gan | ) edition.cnn.com   time to read: +4 min
Hong Kong CNN —Chinese leader Xi Jinping has made his first public appearance since returning from a trip to Central Asia, quashing unfounded rumors of a “coup” that sparked a frenzy of speculation ahead of a key Communist Party meeting. Xi on Tuesday visited an exhibition in Beijing showcasing China’s achievements over his decade in power, according to state broadcaster CCTV. Xi had not been seen in public since returning to Beijing from a regional summit in Uzbekistan on September 16. The visit was his first foreign trip in nearly 1,000 days since the beginning of the pandemic. As a result, the power of party factions and elders is believed to have been significantly weakened.
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