20 July 2005

Chevron v CNOOC

I have a problem with US lawmakers threatening to forbid a Chinese takeover of a US company. For decades, the US has been trying to force China to open its borders for US companies to go in. Now that the tables are turned, the US congress is opposing the free market it forced onto China. You can't embrace freemarket only when it helps you, that's hypocritical.

Link to a NYtimes article.

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