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2012/03/07

Chinese Investing in U.S. Energy | WFB

-Are the #OWS people gonna protest?

"Fu Chengyu’s first attempt to buy a piece of the U.S. oil industry kicked up a storm of protest and ended in failure. Seven years later, the Chinese executive is pouring billions of dollars into the oil patch without even a whisper of trouble.

His new recipe for success: Seek minority stakes, play a passive role and, in a nod to U.S. regulators, keep Chinese personnel at arm’s length from advanced U.S. technology."

Chinese Investing in U.S. Energy | Washington Free Beacon:


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