Thursday, July 28, 2005

United States Congress vs. PRC

It is good to see that Congress can, at times, recognize that the national security interest of the United States are worth defending before someone takes action against us. Here is good news from The Center for Security Policy:

"In a good first step toward combating Communist China's campaign of economic warfare against the United States, the conference committee finalizing Congress' energy bill voted Monday to delay by more than four months a Committee on Foreign Investments in the United States (CFIUS) review of China National Offshore Oil Corporation's (CNOOC) bid to purchase Unocal."

"Congress would first require that the Energy, Homeland Security and Defense departments conduct a 120-day study on how China's search for energy resources affects the economic and national security interests of the United States."

Please visit The Center for Security Policy for the rest of this important story.


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