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1. China Buying Oil Stake.

Author

Jones\, Ow

Subjects
*INVESTMENT of public funds
Abstract

A Chinese public fund has been building a stake in the French oil major Total since the end of 2007, the company confirmed on Thursday. Total declined to say whether the fund was China Investment Corporation, the $200 billion sovereign wealth fund that has taken stakes in the American private equity firm Blackstone Group and the investment bank Morgan Stanley. [ABSTRACT FROM PUBLISHER]

Published
2008

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