Canada Hasn't Closed Door to State-Owned Companies
(Corrects name of company in first paragraph.)
China Petrochemical Corp.’s international unit is weighing Canada’s new foreign-takeover rules and believes there are still opportunities to invest in the oil sands, an executive said.
Hou Hongbin, a Beijing-based vice president of Sinopec International Petroleum Exploration & Production Corp., spoke to reporters in Toronto today.
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