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Time to break free of the bonds
HOME > PAST ISSUE > PERSPECTIVE [Premium content]April 2006
Dubai's US port acquisition brought back ugly memories of the CNOOC-Unocal debacle, but overseas equity stakes are the way forward for Chinese investors.
You could say that there are two faces of Chinese investment in the US. One is the urbane and humorous Foreign Minister Li Zhaoxing who, one hopes with some sense of irony, claimed recently that exports of Chinese-made fake Christmas trees benefited the US environment by reducing the need for real trees to be felled there.
The other face is General Zhu Chenghu of the National Defense University in Beijing, who last year somewhat impolitely threatened a nuclear strike against the US ...
The other face is General Zhu Chenghu of the National Defense University in Beijing, who last year somewhat impolitely threatened a nuclear strike against the US ...
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