Backlash to Chinese bid for Unocal / Bush urged to block takeover because of energy, security fears: "'The Chinese have Bush over a barrel now,' Wessel said. 'This is happening at the same time as outstanding major trade issues, the currency, textiles, intellectual property rights, the six-party talks with North Korea, at a time when the Bush administration is trying to moderate those conflicts.'
Wessel added, 'China is now a major world player, and they're competing with us for control of a major blue-chip company. They've raised the bar considerably.' "
Wessel added, 'China is now a major world player, and they're competing with us for control of a major blue-chip company. They've raised the bar considerably.' "