ASSESSMENTS
China: Energy Firms Look Abroad for Profits
Dec 22, 2008 | 18:08 GMT
PETER PARKS/AFP/Getty Images
Summary
Chinese energy firms are looking abroad for acquisition opportunities despite the global economic downturn, sources have told STRATFOR. The government is pushing state-run banks to keep lending in order to prop up the economy — but the loans are not necessarily going where Beijing would like them to go.
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