US lawmakers seek review of Chinese energy activity

06/27/2005
Two House committee chairmen from California have asked US President George W. Bush to launch a review of China’s growing energy requirements and the implications for US political, strategic, and economic interests.Resources Committee Chairman Richard W. Pombo and Armed Services Committee Chairman Duncan Hunter expressed concern about China’s increasing acquisitions of energy assets around the world, including properties of US-based companies.“We are especially concerned that the government-owned [China National Offshore Oil Corp.] is reportedly seeking to purchase an American oil company,” the two Republicans said in a June 17 letter to Bush.“Such an acquisi...
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