Tag Archives: CNOOC

Door opens for China’s massive takeover of overseas assets


From ‘China Daily Mail’ by chankaiyee2 : Seeing its $3 trillion foreign exchange reserve dropping in value due to falling US dollar exchange rate, China is anxiously looking for opportunities to take over profitable foreign assets. CNOOC’s takeover of Nexen is … Continue reading

Posted in China, Financial Crisis, Human Behaviour, Politics, united states, World Issues | Tagged , , , , , , , , | 3 Comments