A year ago, French President Jacques Chirac set out the core of a new strategic vision that would exclude the United States in favor of a European realignment with China. "Reasons of international balance justify strengthening links between Europe and China, I'd even...
John J. Tkacik Jr.
Not Strictly Business: China’s Bid to Buy Unocal
It's a heck of an offer. In an 11th hour bid to buy Unocal, China's state-run CNOOC Ltd. offered $19.6 billion, cash, for America's ninth largest oil company. That's a lot of yuan in anybody's book. For CNOOC, it's downright staggering. If accepted, the deal would put...
Operation Bao Chuan: Say No to China National Offshore Oil Corporation’s Bid for Unocal
China National Offshore Oil Corporation presumably chose the codename "Operation Bao Chuan" for its Unocal offer to conjure up national pride in its bid to buy America's ninth largest oil company. For bao chuan were the huge treasure ships that traveled across the...
The Power Struggle in China: Military Strongman Jiang Zemin vs. President Hu Jintao and Premier Wen Jiabao
The power struggle in Beijing between China's military strongman, Jiang Zemin, and the country's two reformist government leaders, President Hu Jintao and Premier Wen Jiabao, is of momentous importance to the United States and East Asia. As the Chinese Communist Party...
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