China's rush to buy energy assets stalls
Firms slam brakes on rapid expansions following crude slump, graft probes
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Beijing
AS global oil giants struggle with plunging earnings, Chinese state oil firms are unlikely to be waiting in the wings to buy any unwanted assets.
After pouring tens of billions of dollars into foreign energy projects in the last two decades, China's rush to purchase overseas oil and gas projects is over - at least for now - and some state firms are even looking to sell assets.
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