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The China National Petroleum Corp. (CNPC) is completing the companies largest ever foreign investment in Kazakhstan, through a Canadian subsidiary of PetroKazakhstan (PK). Baosteel, China's leading steel manufacturer, has become the first state-owned enterprise to appoint independent directors. More Board news about this huge company. SVA Group, a Chinese LCD flat-panel manufacturer, has signed a cooperation deal with Oracle. More Oracle news in China. The Industrial and Commercial Bank of China, Shanghai branch, starts up some new fees on card accounts with consistently low balances.