Licamele Interview on China's Energy Acquisitions

April 13 (Bloomberg) -- Scott Licamele, a director at Red Star Asset Management LP, talks with Bloomberg's Betty Liu about energy acquisitions by Chinese companies. China Petrochemical Corp.’s purchase of a stake in a Canada oil venture brings the nation’s spending on resources to $64 billion since 2005 and underlines its willingness to pay a premium for energy security. (Source: Bloomberg)