Hengli, China’s silk-to-petrochemicals empire, confronts the chill of US sanctions
Corroborated by 2 sources from 2 publishers
asiapolitics1d ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, by Colleen Howe and Chen Aizhu BEIJING/SINGAPORE, May 22 (Reuters) - The Hengli Group, built by a husband and wife duo over three decades from a bankrupt textile mill into a Fortune Global 500 giant and one of China's largest private oil refiners, has been thrust into the centre of a geopolitical power struggle.