In the Christian Science Monitor, Matthew Clark summarizes recent news coverage of CNOOC’s bid for Unocal:
Since the Chinese state-owned oil company CNOOC Ltd. offered to buy oil and gas company Unocal Corp. on Thursday, various news sources have been examining whether or not the deal would threaten US national security. “Congress was building pressure on the Bush administration to carefully examine the bid by CNOOC, which is 70 percent owned by the Chinese government,” reports The Associated Press.