Word: consortiums
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...goods and feed its ever-growing need for natural resources without the least concern for human rights considerations. China is selling arms to the military junta in Myanmar, cutting deals with Zimbabwe, and heavily investing in Angolan oil. Most shamefully, it bought 40 percent of the Sudanese oil consortium last year and has become the biggest champion of Sudan, the planet’s current most egregious violator of human rights. Will the emergence of China result in a world that will have lost its ability to even take collective action against genocide...
...recent filing also reveals $90,000 in indirect holdings through Barclays’ iShares MSCI Malaysia Index fund in Petronas, a Malaysian company. Petronas, along with PetroChina and Sinopec, is part of a consortium known as Petrodar, which has invested over $1 billion in the Sudanese oil industry...
MORE SUDAN-LINKED STOCKS PetroChina’s parent company, the China National Petroleum Corporation, and Sinopec are both members of a consortium known as Petrodar that is aiding the Sudanese government in the development of the east African country’s oil industry. The companies’ combined investment in the Sudanese oil industry totals to well over $1 billion, and profits from the industry are a major source of revenue for the Sudanese government...
...Petrodar consortium provides an important source of revenue for the oil-reliant Sudanese government, and profits from the consortium are shared with the government...
...Petrodar consortium provides an important source of revenue for the oil-reliant Sudanese government, and profits from the consortium are shared with the government...