China is building mega refineries just as fuel demand stalls
![Photo: AHMED JADALLAH/REUTERS / X90013](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12469599.ece/ALTERNATES/schema-16_9/doc7cni1vbphmx47g13amf.jpg)
China is investing tens of billions of dollars in new mega-refineries even as its fuel demand is expected to peak within five years, raising the risk it will flood the region with cheap exports.
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