ASSESSMENTS
China: PetroChina and the Risk of Buying Abroad
Oct 21, 2008 | 23:02 GMT
FREDERIC J. BROWN/AFP/Getty Images
Summary
PetroChina, China's international energy giant, is contemplating snatching up smaller foreign energy companies struggling amid the global financial turmoil. A few bold moves now could strengthen PetroChina's competitiveness, but will enhance strains with the company's relationship with the central government.
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