Expert Profile
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David Wei
Since October 2007, chief executive officer and executive director of Alibaba.com;
From November 2006 to September 2007, president of Alibaba.com and executive vice president of Alibaba Group;
From 2002 to 2006, president of B&Q China, a subsidiary of King
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Sourcing In China
To ensure the intermediary and the follow-up of your purchases in China: Search for supplier, factory auditing, negotiation, sampling, production follow-up, quality control, logistics
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Facts & Figures In China
The top three sources of oil for China are Saudi Arabia, Angola and Iran. Saudi Arabia became China's largest oil source by exporting 41.86 million tons in 2009, making up about 20 percent of the oil imported by China. By the end of 2009, the amount of crude oil that China imported from Saudi Arabia exceeded 1 million barrels per day, while the US, the largest importer of the country's oil before, imported less than 1 million barrels per day for the first time since more than 20 years.
China Products
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Make the Most of a Sunny Day with a Solar Backpack Nowadays we are having a very unstable and crazy weather. They are nothing like the ones that we usually had in the past. There are many extreme weather conditions everywhere. In some places, there are intolerably hot days; and in other parts, the cold is unbearable. Those strange weather anomalies happen because of the global warming which is a process where the heat of the sun cannot be reflected back to the sky and thus be trapped inside the earth by the greenhouse gases. This greenhouse gas is the cause of the whole weather problem and this gas is caused when we burn the fossil fuel. So there are many scientists who try to find an alternative source of energy. And one of the proven sources is the sun. Just by using the sola...... |
China's Best Blogs And Sites
| Goldman Keeps $85 Oil Target On China’s ‘Robust’ Diesel Demand |
 Goldman Sachs Group Inc. maintained its forecast for crude oil to reach $85 a barrel by the end of this year on “robust” demand for diesel in China, the world’s second-largest energy consumer, reported Bloomberg.China posted a 600,000 barrel-a-day increase in refined-product demand in the third quarter as its economy grew 8.9 percent, said analysts at the bank. While Asia’s second-biggest economy became a net exporter of diesel because of refining capacity expansions, domestic demand for the fuel reached “new highs” in August, the Goldman analysts wrote. Crude oil in New York has gained 79 percent this year, reaching a one-year high of $82 a barrel Oct. 21 as traders bet on improved prospects for a global economic recovery. Oil for December delivery on the New York Mercantile Exchange traded near $80 a barrel today. Goldman, which predicts oil will average $82.50 a barrel in the fourth quarter of this year and $110 a barrel in 2010, said fundamentals are headed in the “right direction” even as demand in the U.S., the largest consumer, remained slow. 
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Latest China News
| Nigeria, China to Hold Talks Next Week on Building $8 Billion Oil Refinery
2010-07-08 Petroleum - Exploration - Prod |
| China Oil Demand Up On Double-Digit Growth
2010-04-27 Petroleum - Exploration - Prod |
| China To Up Fuel Prices 4 Pct, 1st Hike Since Nov
2010-04-20 Petroleum - Exploration - Prod |
See all in Petroleum - Exploration - Production - Refining Ch
