Chinese target mining bargains as stocks dive
BY:BARRY FITZGERALD From: The Australian July 04, 2013 12:00AM
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CHINA'S state-owned enterprises and private companies are preparing to exploit distressed equity and asset values in the mining sector by ramping up acquisitions and investments ahead of a forecast return to stronger commodities demand.
Fund managers, bankers and transactional lawyers are indicating that activity is starting to pick up again -- exploiting an opportunity as valuations in Australia's mining sector are crushed in the stockmarket.
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