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Senior official urges Chinese companies to pursue cheap acquisitions in the Eurozone

Marc Howe | December 31, 2012 | 3:11 am Base Metals Energy Precious Metals China Europe Coal Copper Diamond Gold Iron Ore Potash Silver 

A leading Chinese official has encouraged the country's cash-rich companies to pursue cheap take-over opportunities abroad, pointing in particular to the easy pickings on offer in the troubled Eurozone. Caixin reports that Long Guoiang, the head of the foreign economic...

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