Author: teressa

Family Value vs. Freedom Spirit [Copy link] 中文

Rank: 4

Post time 2005-7-4 23:46:27 |Display all floors

Constantly constipated bladdersuave

We bet your great grand uncles were shipped off to the dump down under, and thats why you talk so much like your criminal relatives (and their descendants) in the aussieland.

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Rank: 6Rank: 6

Post time 2005-7-5 00:17:10 |Display all floors

mmm

But I'm Chinese!

We're more evolved than the barbarians because we have little body hair, isn't that right?  We're so smart.

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Rank: 6Rank: 6

Post time 2005-7-5 00:17:11 |Display all floors

mmm

mmm

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Rank: 1

Post time 2005-7-5 02:17:11 |Display all floors

Re: 30 generations ago?? By that time, where were those barbarian's ancestors?

I believe they were still in the caves mating randomly with their own family members.

Ask the hairy brit ubersuave (aka Chinese-wannabe), for example, hehe.

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Rank: 4

Post time 2005-7-5 11:08:40 |Display all floors

China Tells US Congress To Back Off Businesses

Tensions Heightened by Bid to Purchase Unocal

By Peter S. Goodman
Washington Post Foreign Service
Tuesday, July 5, 2005; Page A01

SHANGHAI, July 4 -- The Chinese government on Monday sharply criticized the United States for threatening to erect barriers aimed at preventing the attempted takeover of the American oil company Unocal Corp. by one of China's three largest energy firms, CNOOC Ltd.

Four days after the House of Representatives overwhelmingly approved a resolution urging the Bush administration to block the proposed transaction as a threat to national security, China's Foreign Ministry excoriated Congress for injecting politics into what it characterized as a standard business matter.

9to be continued)

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Rank: 4

Post time 2005-7-5 11:10:23 |Display all floors

part 2

"We demand that the U.S. Congress correct its mistaken ways of politicizing economic and trade issues and stop interfering in the normal commercial exchanges between enterprises of the two countries," the Foreign Ministry said in a written statement. "CNOOC's bid to take over the U.S. Unocal company is a normal commercial activity between enterprises and should not fall victim to political interference. The development of economic and trade cooperation between China and the United States conforms to the interests of both sides."

Those words, the latest rhetorical volley in an escalating trade battle, officially elevated the takeover battle for Unocal into a bilateral issue involving Washington and Beijing, raising the stakes of the outcome.

CNOOC's bid comes as China's emerging force in the global economy continues to sow international tensions over competition for natural resources, impacts to the environment, trade balances and security relationships. The deal would be the latest in a string of Chinese purchases of foreign companies as Beijing encourages domestic firms to seek new markets abroad and secure raw materials for China's aggressive industrialization. The Chinese government has urged energy companies in particular to buy foreign oil fields as China's consumption soars, deepening worries about the country's access to supplies.

Already, CNOOC's bid has taken China across a new threshold: It has unleashed the first takeover battle between a Chinese company and a U.S. firm, the oil giant Chevron Corp., which has its own deal in hand to buy Unocal for $16.5 billion. If completed, CNOOC's purchase -- its bid is for $18.5 billion -- would stand as the largest foreign takeover ever made by a Chinese firm.

But as the price of oil continues to soar, underscoring the finite supply of global stocks, some members of Congress have taken to portraying China's appetite for energy as a threat to U.S. interests. They are painting CNOOC's effort to capture Unocal as an attempt to siphon off energy that would otherwise land in the United States, a proposition that analysts call dubious because most of Unocal's outstanding contracts supply customers in Asia.

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Post time 2005-7-5 11:12:30 |Display all floors

part 3

As the House adopted its resolution Thursday by a 398 to 15 tally, some noted that CNOOC remains under the majority control of the Communist Party-led state, suggesting that this alone made the deal a threat.

"We cannot, in my opinion, afford to have a major U.S. energy supplier controlled by the Communist Chinese," said Rep. William J. Jefferson, a Louisiana Democrat. Monday's reply from Beijing reinforced what CNOOC has said from the beginning -- that the deal is nothing more than an attempt to expand its business opportunities and invest capital sensibly.

Long before CNOOC emerged with its unsolicited offer for Unocal, the United States-China relationship was already highly complex. Recent months have seen friction over China's roughly $160 billion trade surplus with the United States and surges this year in Chinese-made textiles reaching U.S. shores. Some U.S. trade groups accuse China of manipulating its currency, the yuan, to keep it artificially low, making Chinese goods unfairly cheap on world markets. The Bush administration has pressured China to allow its currency to float freely. China argues that it is being made a scapegoat for the decline of U.S. manufacturing.

Tensions also have grown over North Korea's pursuit of nuclear weapons. In Washington, some suggest that Beijing is not doing enough to pressure North Korea, its longtime ally, to return to stalled talks, while propping up the regime in Pyongyang with food and fuel. Chinese officials have criticized the United States for demonizing North Korea and undermining the possibility of progress.

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