Row over fees gives glimpse into Beijing-backed takeovers

An arbitration over fees paid between Sinopec Group and its agent on its 2005 bid for a major Kazakhstan oil asset that ended up being bought by fellow state-owned China National Petroleum Corp (CNPC) has provided rare details about Beijing's intervention in state firms' overseas acquisitions.

via South China Morning Post - Business feed http://ift.tt/1JFVDy5