Group Presses for China Oil Divestment – Barry Schweid

Activists who support action in Darfur, Sudan are now targeting China as a key player in the issue, calling first for an Olympic boycott and now for divestment from companies with interests in Sudan’s oil. From the AP, via the San Francisco Chronicle:

The Save Darfur Coalition stepped up its campaign against the Sudanese government on Tuesday by pressuring Berkshire Hathaway Inc. and Fidelity Investments to withdraw their financial interests in a Chinese company linked to development of Sudan’s flourishing oil industry.

Berkshire Hathaway and Fidelity “are supporting the genocide in Darfur” by their investments in PetroChina, said David Rubenstein, executive director of the coalition, in a teleconference with reporters. [Full text]