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After weeks of silence on the merits of Cnooc’s (CEO +0.3%) $15B takeover bid for Nexen...

After weeks of silence on the merits of Cnooc’s (CEO +0.3%) $15B takeover bid for Nexen (NXY -0.5%), Canadian officials are beginning to drop hints about what they may be looking for in return from China: reciprocity regarding current restrictions in China over foreign investment.
Comments (1)
  • User 310911
    , contributor
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    With China the game only goes one way.....you are very, very naive to think that they would reciprocate and let a Canadian financial institution purchase a major bank, or place that may create outside influence. The name of the game is monopoly, and China takes what it wants and the stronger it is.......the less it is willing to give back.
    12 Sep 2012, 12:54 AM Reply Like
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