China’s Frugal Oil Companies

http://blogs.wsj.com/chinarealtime/2015/05/21/why-chinas-big-oil-companies-have-stopped-big-spending/?mod=chinablog&utm_source=The+Sinocism+China+Newsletter&utm_campaign=71764ea8d9-The_Sinocism_China_Newsletter_05_21_155_21_2015&utm_medium=email&utm_term=0_171f237867-71764ea8d9-29615013&mc_cid=71764ea8d9&mc_eid=5935182a65