[Mb-civic] China Tells Congress To Back Off Businesses - Washington Post

[William Swiggard]

China Tells Congress To Back Off Businesses

Oil Firm's Takeover Offer Heightens Tension

By Peter S. Goodman
Washington Post Foreign Service
Tuesday, July 5, 2005; Page A01

SHANGHAI, July 4 -- The Chinese government on Monday sharply criticized 
the United States for threatening to erect barriers aimed at preventing 
the attempted takeover of the American oil company Unocal Corp. by one 
of China's three largest energy firms, CNOOC Ltd.

Four days after the House of Representatives overwhelmingly approved a 
resolution urging the Bush administration to block the proposed 
transaction as a threat to national security, China's Foreign Ministry 
excoriated Congress for injecting politics into what it characterized as 
a standard business matter.

http://www.washingtonpost.com/wp-dyn/content/article/2005/07/04/AR2005070400877.html?referrer=email
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