Who’s Afraid of China’s Oil Companies - Downs.docVIP

For graphs 图片, see pdf version of article Who’s Afraid of China’s Oil Companies? This chapter is based on Erica S. Downs, “The Fact and Fiction of Sino-African Energy Relations,” China Security 3, no. 3 (Summer 2007), pp. 42–86. Who’s afraid of China’s national oil companies? Quite a few people, if the reaction to the unsolicited offer made by China National Offshore Oil Corporation Ltd. (CNOOC Ltd.) 中海油［有限公司］for Unocal 加州联合石油公司 (see below) is any guide. The furor that erupted inside the Beltway in response to CNOOC Ltd.’s bid to break up the merger between Unocal and Chevron 雪佛龙 highlighted t