China's mining, metals industries pursue M&A possibilities overseas
By Du Juan in Tianjin | China Daily | Updated: 2012-11-06 08:00
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Employees of China Petrochemical Corp, China's second biggest oil company, work at a drilling platform in Sudan. In the first nine months of this year, the deal volume of Chinese mining and metals companies increased by 10 percent to 108 deals, with a value of $19.3 billion, accounting for a quarter of the global total. Tong Jiang / For China Daily |
Number of deals surges while others sit on sidelines
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