Tuesday, 10 May 2011
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China's Commodity Takeovers Dropping 30% This Year as Oil, Copper Advance
China, the world's biggest user of natural resources, is pulling back from commodities and energy acquisitions as the rest of the world pursues deals at the fastest pace since the financial crisis. China's companies have spent $14.2 billion on acquisitions this year, down 30 percent from the same period last year, according to data compiled by Bloomberg. Worldwide the value of takeovers in the
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