Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Legal
Deals
Earnings
Social Pulse
Business Video
The Freeland File
Aerospace & Defense
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
India Insight
World Video
Reuters Investigates
Decoder
Politics
Politics Home
Election 2012
Campaign Polling
Supreme Court
Politics Video
Tech
Technology Home
MediaFile
Science
Tech Video
Tech Tonic
Social Pulse
Opinion
Opinion Home
Chrystia Freeland
John Lloyd
Felix Salmon
Jack Shafer
David Rohde
Nader Mousavizadeh
Lucy P. Marcus
David Cay Johnston
Bethany McLean
Anatole Kaletsky
Reihan Salam
Edward Hadas
Hugo Dixon
Ian Bremmer
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Jack & Suzy Welch
Frederick Kempe
Christopher Papagianis
Mark Leonard
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Breakingviews Video
Money
Money Home
Tax Break
Lipper Awards 2012
Global Investing
MuniLand
Unstructured Finance
Linda Stern
Mark Miller
John Wasik
James Saft
Analyst Research
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Money Clip
Investing 201
Life
Health
Sports
Arts
Faithworld
Business Traveler
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Reuters TV
Reuters News
Article
Comments (1)
Full Focus
Photos of the week
Our best photos from the past week. Full Article
Images of August
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Libyan Islamist militia swept out of Benghazi bases
11:16am EDT
Apple seeks U.S. Samsung sales ban, $707 million more in damages
6:53am EDT
Russia's Medvedev offers rare criticism of Putin
21 Sep 2012
Iran's Revolutionary Guard says expects Israel to launch war
6:56am EDT
Space shuttle Endeavour home in Los Angeles after final flight
21 Sep 2012
Discussed
274
New video shows Romney saying Palestinians don’t want peace
121
Romney derides Obama supporters in hidden camera speech
88
Romney paid $1.9 million in taxes in 2011: campaign
Sponsored Links
Pictures
Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
iPhone 5 frenzy
People around the world queue in lines for the release of Apple's anticipated iPhone 5. Slideshow
Communist village
Jinggangshan is home to China's Executive Leadership Academy. Slideshow
China envoy warns Canada against politicizing Nexen deal
Tweet
Share this
Email
Print
Related News
Canadians oppose CNOOC bid for Nexen, poll finds
Thu, Sep 20 2012
Canada minister says voters split over CNOOC-Nexen deal
Tue, Sep 18 2012
UPDATE 3-Canada minister says voters split over CNOOC-Nexen deal
Tue, Sep 18 2012
CNOOC asks for US security review of Nexen acquisition
Wed, Sep 5 2012
Canada opposition attacks government over CNOOC Nexen bid
Thu, Aug 30 2012
Analysis & Opinion
Safe-haven Canada
Honoring a slain ambassador
Related Topics
World »
China »
TORONTO |
Sat Sep 22, 2012 11:26am EDT
TORONTO (Reuters) - China's ambassador to Canada warned in remarks published on Saturday against allowing domestic politics to drive the Canadian government's decision on whether to approve Chinese state-owned oil company CNOOC Ltd's proposed $15.1 billion takeover of Canadian oil producer Nexen Inc.
"Business is business. It should not be politicized," Ambassador Zhang Junsai said in an interview with Canada's Globe and Mail newspaper. "If we politicize all this, then we can't do business."
The CNOOC deal, if completed, would mark the first outright takeover of a large Canadian energy producer by a Chinese state-owned enterprise.
The ambassador also said negotiating a full free-trade agreement within a decade would be the best way of assuring fair, two-way trade and investment between China and Canada.
"It's time to open up each other's markets," Zhang said. "It's high time to do the exploratory work on the possibility of a free-trade agreement."
The newspaper said it was the first time that a senior Chinese representative called for early, accelerated talks on a free-trade deal.
Concern that China has unfairly limited Canadian companies from investing there is one of the issues affecting the debate on approving CNOOC's bid for the energy producer.
Industry ministry officials are looking closely at the bid to determine whether it is of net benefit to Canada.
Canadian Trade Minister Ed Fast could not be reached immediately for reaction to Zhang's comments, which coincide with Chinese Commerce Minister Chen Deming's visit to Canada next week.
CNOOC, whose offer was endorsed by Nexen shareholders last week, said it did not expect Chen to raise its sensitive takeover bid during talks with the Canadian government.
In the Globe interview, Zhang said a free-trade treaty would go a long way toward expanding trade and investment between the two countries, something that Canadian Prime Minister Stephen Harper sees as a top priority.
Harper wants to ease the dependence of Canada's export-oriented economy on the United States, its main trade partner.
Although Canada is seeking substantial foreign investment in its oil and gas industry, the CNOOC move is raising concern inside the cabinet, where some members are wary of letting a Chinese state-owned enterprise buy up domestic assets.
Zhang said Canadian fears over China's intentions are unfounded. "We are not coming to control your resources," he said.
(Reporting by Frank McGurty; Editing by Will Dunham)
World
China
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
usagadfly wrote:
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Support
Corrections
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
AdChoices
Copyright
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.