Quote:
Originally Posted by djplong
If all they're really interested in is "gaining the know-how" to drill into these deposits, I don't have a problem with the deal. It's like they're buying their way into an apprenticeship, only on a corporate scale.
If, however, the purpose is to drain capital back to China or, worse yet, export some of the oil & gas to China, then, *no* *bleeping* *way*.
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I absolutely agree. I'm not sure of China's intentions regarding this investment and I'm leery of foreign investment, and maybe some control, of a vital strategic resource. This story did not make it clear to me what the ultimate payoff expected by China is.