On global stage, Chinese SOEs turn from buyer to seller

26 November 2020 - 12:00 am UTC

For almost a decade, Chinese state-owned enterprises (SOEs) have been among the most acquisitive in global infrastructure and energy. As they mature under the umbrella of their government’s trillion-dollar Belt and Road programme, they are becoming more active on the sell-side too, reports Celine Ge

When, in January, China Merchants Port (CMP) announced a minority sale in Brazil’s TCP Port to two Chinese quasi-sovereign wealth funds, it was just the beginning of a plan to sell or reduce company stakes in other infrastructure assets around the world.

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