Quote:
Originally Posted by lazypucker
I speculate there will be a lot of NO's on the poll. This acquasition is similar to CNOOC buying Nexen, where a foreign investor buying an O&G/Utility asset.
But personally, I do think it is a good idea for the governments to open up foreign investments in the country. It just needs to be done diligently.
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I agree generally its a good idea but CNOOC is not a business its run by the Chinese governement and more of a strategic asset that is not run on a profit basis. That is not the same as selling to a private enterprise.