China's hunger to control the resources that fuel its growth shows no signs of abating as China Petrochemical (SNP) agrees to pay $3.54B to buy a 30% stake in the Brazilian unit of Portugal's Galp Energia (GLPEY.PK). Including projected capital spending, Sinopec’s total investment will be about $5.18B.
China's hunger to control the resources that fuel its growth shows no signs of abating as China...
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