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Investment

CNPC to buy stake in Japanese oil refinery

12 May 2008
China National Petroleum Corporation (CNPC) signed a letter of intent with Japanese oil refiner Nippon Oil to purchase a 49% stake in an Osaka oil refinery, the Financial Times reported.  more...

China eyes farmland investments abroad

12 May 2008
A proposal by China's Ministry of Agriculture will encourage Chinese companies to buy farmland abroad, especially in Africa and South America, to help guarantee food security, the Financial Times reported.  more...

Chinalco to invest $2bn in Peru copper mine

6 May 2008
Aluminum Corp of China, or Chinalco, will invest US$2.16 billion in the Toromocho copper mine project in Peru, an increase from the US$1.5 billion it had originally earmarked, Bloomberg reported.  more...
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