America Answers To China Now?
Last time I checked, Unocal was still an American company and not owned by the Chinese totalitarian state yet. Evidently, nobody told the Chinese...
China tells U.S. not to meddle in oil deal
Wed Jun 29 2005 10:06:28 ET
China expressed opposition to interference in a government-controlled oil company's bid for the U.S.-based oil company Unocal, state media said Wednesday.
Foreign Ministry spokesman Liu Jianchao said that China National Offshore Oil Corporation's $18.5 billion offer for Unocal was "normal commercial activity between enterprises."
Liu said "economic cooperation between China and the U.S. serves the interests of both sides and commercial activities should not be interfered in or disturbed by political elements."
There are growing concerns in Washington over the deal as some U.S. officials are uncomfortable with CNOOC, 70 percent owned by the Chinese government, controlling a major player in the U.S. energy sector.
Xinhua reported Wednesday that CNOOC Chief Executive Fu Chengyu is heading to the United States for negotiations and to dispel concerns over the deal.
Seriously, who do they think they are telling us what we can and can't do with American companies? I hardly think it is in our interest to sell our oil refining capacity off to our enemies.
The next thing you know, they'll be telling our law enforcement not to meddle in their illegal spying activities in our country. Or interfere with their quiet grab for global hegemony...
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