| 1 | There's an emerging trend for Shanghai-based enterprises to engage in overseas acquisitions and take up shares in overseas-based companies. | |
| 2 | Of China' s 200 biggest exporters last year, 153 were firms with a foreign stake. | |
| 3 | A third group of firms appears to be fully private, in that the government owns no direct stake in them. | |
| 4 | Previous attempts have seen China encourage its three largest oil companies to take equity stakes in international oil projects. | |
| 5 | Insiders say Huiyuan will give up overall sales but get funding through feasible ways such as equity participation. |
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