Friday, July 27, 2012

China-Canada oil deal raises political hackles in Washington


http://www.reuters.com/article/2012/07/27/us-usa-congress-cnooc-idUSBRE86Q02T20120727

The U.S. government should block a bid by China's state oil company CNOOC for Canadian oil company Nexen until China's government provides fair access for U.S. companies that want to invest in China, a top Democratic senator plans to tell Treasury Secretary Timothy Geithner on Friday.

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