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China's cheap green tech undercuts US oil strategy in Africa
South China Morning PostLO·CN · US·about 7 hours ago
China's central bank has become the sixth-largest shareholder in Equinor, with holdings worth billions, signaling a strategic accumulation of Norwegian blue-chip assets. The move extends China's pattern of sovereign portfolio diversification into European energy and industrial names, though the full scope of holdings across other Norwegian companies remains undisclosed. This could raise scrutiny over foreign state investment in critical Nordic infrastructure and energy assets.
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