{"id":19355,"date":"2008-04-16T02:13:41","date_gmt":"2008-04-16T09:13:41","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2008\/04\/bp-stake-buyer-is-chinas-forex-administration\/"},"modified":"2008-04-16T02:13:41","modified_gmt":"2008-04-16T09:13:41","slug":"bp-stake-buyer-is-chinas-forex-administration","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2008\/04\/bp-stake-buyer-is-chinas-forex-administration\/","title":{"rendered":"BP Stake Buyer Is ‘China’s Forex Administration’"},"content":{"rendered":"

From AFP<\/a>:<\/p>\n

Energy giant British Petroleum<\/a> has confirmed that the buyer of just under one percent of its shares is a Hong Kong branch of China’s State Administration of Foreign Exchange, state media said Wednesday.<\/p>\n

A BP spokesperson in charge of global investor relations said the buyer was SAFE Investment Company Limited, formed in 1997 with a registered capital of 100 million Hong Kong dollars (13 million dollars), the Caijing magazine said<\/a>.<\/p>\n

The spokesperson did not disclose any financial details of the deal.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

From AFP: Energy giant British Petroleum has confirmed that the buyer of just under one percent of its shares is a Hong Kong branch of China’s State Administration of Foreign Exchange, state media said Wednesday. A BP spokesperson in charge of global investor relations said the buyer was SAFE Investment Company Limited, formed in 1997 […]<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[116,2],"tags":[2320,779,3721],"class_list":["post-19355","post","type-post","status-publish","format-standard","hentry","category-world","category-economy","tag-bp","tag-overseas-investment","tag-safe","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\nBP Stake Buyer Is 'China's Forex Administration'<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2008\/04\/bp-stake-buyer-is-chinas-forex-administration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BP Stake Buyer Is 'China's Forex Administration'\" \/>\n<meta property=\"og:description\" content=\"From AFP: Energy giant British Petroleum has confirmed that the buyer of just under one percent of its shares is a Hong Kong branch of China’s State Administration of Foreign Exchange, state media said Wednesday. 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