As noted in the Strategic Focus, Chinese energy companies took advantage of the global financial crisis which resulted in depressed prices for oil and gas assets which they could then acquire at low prices.

Question

Quizplus · Accepted Answer

This statement is true. Chinese energy companies such as CNOOC, Sinopec, and CNPC made several strategic acquisitions of oil and gas assets during the global financial crisis, taking advantage of lower prices for these assets.

As Noted in the Strategic Focus, Chinese Energy Companies Took