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Sinochem Group' overseas acquisition began China’s international trade

Updated: 2019-01-30

10.海外收购开国际化布局之先河.jpg

On Oct 4, 1988, Sinochem Group acquired 50 percent of Pacific Refining Company, a subsidiary of West Coast Ventures Group, which was the start for Chinese companies to do business internationally. It marked China's foreign trade companies have gradually transformed into multinational companies.

Photo source:

Sinochem Group


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