Fears of Chinese land grab as Beijing's billions buy up resources

China is pouring another $7bn (£4.4bn) into Brazil’s oil industry, reigniting fears of a global “land grab” of natural resources. State-owned Sinopec clinched the deal with Spain’s Repsol yesterday to buy 40 per cent of its Brazilian business, giving China’s … Continue reading Fears of Chinese land grab as Beijing's billions buy up resources