CHINA NBS STATISTICIAN: ECONOMY FACING EXTERNAL CHALLENGES, BUT INTERNAL DRIVING FORCES REMAIN UNCHANGED AND SOLID

烏克蘭總統澤連斯基：我向他通報了我們近期與歐洲各國領導人以及美方進行的接觸情況。我們一致認爲，歐洲必須參與到談判之中。

China’s oil refining activity fell sharply in April after a plunge in crude imports, with total processing down 11% from March and 5.8% year-on-year, according to official data. State-owned refiners cut run rates to below 67% of capacity, the lowest level in Mysteel OilChem data since 2021, as higher crude costs and weak fuel demand pressured margins. Smaller private refiners partially offset the decline after being directed to maintain output at 2025 levels to stabilize fuel supply. The drop reflects tighter crude availability and ongoing structural pressure from slowing fuel demand and accelerating transport electrification in China.