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China's Cnooc (CEO) expresses confidence that it will receive approval for its record-breaking...

China's Cnooc (CEO) expresses confidence that it will receive approval for its record-breaking $15.1B offer to buy Canada's Nexen (NXY). But not if Sen. Chuck Schumer has anything to say about it; he wants Tim Geithner to use the deal as leverage to pry open the Chinese market for U.S. companies: "It's about time we played a little hardball."
Comments (4)
  • Does Schumer realize that he has no authority in Canada?
    27 Jul 2012, 08:43 AM Reply Like
  • That was my first thought as well...
    27 Jul 2012, 01:14 PM Reply Like
  • His ego is bigger than borders
    27 Jul 2012, 08:46 AM Reply Like
  • What is wrong with using all the levers that are available to open up markets?
    27 Jul 2012, 10:58 AM Reply Like
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