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Chinese companies, those in the sensitiveresource sector in particular, may seekcooperation with foreign PE (private equity)firms in order to navigate overseas marketswith dexterity.

China's top telecom network equip-ment maker Huawei TechnologiesCo. Ltd. is said to be brewing asale of a multibillion-dollar stakein its mobile terminal division to a foreigninvestor, after a collapsed $2.2 billion jointbid with private equity firm Bain CapitalPartner LLC to acquire 3Com Corp. latelast year.