Inner Mongolia is on the agenda in Beijing with the publication of a State Council paper entitled “Several Opinions of the State Council on Promoting the Construction and Development of Inner Mongolia”.
And it’s on the agenda at China Resources Cement Holdings Limited (CRC), the state-owned cement group, which is entering Inner Mongolia, paying Goldman Sachs $241.65m for a 40.6 per cent stake in Inner Mongolia Mengxi Cement.
“This deal means CRC owns the right asset in the right place at the right time”, a Chinese industry banker said, adding that, as one of the state-owned giants in the industry, CRC has strong connections with the Chinese government, which means it could set the trend for other similar deals.
您已阅读26%（718字），剩余74%（2046字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。