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China reportedly plans to merge the state-run Sinochem and ChemChina to create a giant oil-to-chemicals firm with more than $100 billion in assets

T
he deal would be among the largest in the ongoing reform of Chinese state-owned enterprises, though representatives from both companies denied that plans were under way.
7 months ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
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