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Gov't to guide flow of capital

By Jiang Wei (China Daily)
Updated: 2007-02-27 08:55

Multinational M&A activities in recent years have been small-scale and include the heavy and chemical industries, consumer goods manufacturing and services.

"We hope to avoid foreign investors' monopolies and vicious mergers and keep control of the key sectors to guarantee national economic security," Li said.

(China Daily 02/27/2007 page13)