Shell acquisition refines the Belt and Road initiative

Chinese Ambassador to Malaysia Dr Huang Huikang

PORT DICKSON: The acquisition of Shell Refining Company Bhd here by a Chinese refinery is a good example of a mutually beneficial bilateral cooperation under the Belt and Road initiative, says China’s ambassador to Malaysia.

Dr Huang Huikang, when visiting the plant here, said the acquisition had given the refinery a new lease on life with China’s investment and technology transfer.