Economy

China Seeks New Technology in Oil Deali
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August 02, 2012 9:03 PM
A major Chinese government-owned oil company’s effort to buy a Canadian company could help Beijing get the new technology needed to exploit the largest shale gas deposits in the world. This is just the latest in a series of Chinese foreign investments that are helping fuel China’s rapid economic growth and increasing energy supplies. But as VOA’s Jim Randle reports, the latest Chinese move is raising concerns in the U.S. Congress.

China Seeks New Technology in Oil Deal

Published August 02, 2012

A major Chinese government-owned oil company’s effort to buy a Canadian company could help Beijing get the new technology needed to exploit the largest shale gas deposits in the world. This is just the latest in a series of Chinese foreign investments that are helping fuel China’s rapid economic growth and increasing energy supplies. But as VOA’s Jim Randle reports, the latest Chinese move is raising concerns in the U.S. Congress.


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