Concerns over China Oil subsidiary of Unocal buying into US Energy infrastructure
Saturday, July 16, 2005
At a CIA Director Woolsey talked about the 18.5 billion dollar bid by the government-backed for the purchase of . He said this is definitely a strategic energy power move by China, and it was not for economic gain. Others are still worried about EMP.meeting broadcast on , former
U.S. House of Representatives passed a measure in June by a wide margin to form the committee under Snow. U.S. national security concerns are at stake according to analysts and many conservatives.heads a committee that can block the takeover. The
The United States reluctance to allow China's unsolicited bid for an American oil company surprises some. When Russia claimed their own oil companies could not be bought by Americans for both "strategic" and "national security" reasons, the United States was vehemently opposed to that position.
- CSPAN July 14, 2005
- Jad Mouawad and Andrew R. Sorkin. "Unocal's Board Decides to Continue Talking With Chinese" — , July 15, 2005
- "Criticism Widespread for China Unocal Deal" — , July 13, 2005
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