22.07.2014 10:02:00

China National Petroleum Corporation -- Moody's: CNPC and Sinopec can withstand overcapacity challenges

Hong Kong, July 22, 2014 -- Moody's Investors Service says that while refining capacity growth is outpacing demand growth in China, it expects China National Petroleum Corporation (CNPC, Aa3 stable) and China Petroleum and Chemical Corporation (Sinopec, Aa3 stable) will maintain their strong credit quality.

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