With its third media acquisition in Czech Republic, CEFC China Energy is expanding its footprint in Central Europe, an important market covered by Beijing’s Belt and Road Initiative. Photo: SCMP

With eye on Belt and Road Initiative, CEFC to buy majority stake in Czech broadcaster

Highly indebted producer CME is energy company’s third media acquisition

Topic |   Chinese offshore investment

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With its third media acquisition in Czech Republic, CEFC China Energy is expanding its footprint in Central Europe, an important market covered by Beijing’s Belt and Road Initiative. Photo: SCMP
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