Dubai Ports Redux over China Deal
[2008-12-23 16:56:24]
Get ready for the possibility of a sequel to the Dubai Ports fracas. Only this time, the outcome of the deal under consideration will have implications for U.S.-China economic relations.
Political fire crackers are popping across Capitol Hill over Bain Capital Partners' announced acquisition of 3Com Corp (Charts)., which will provide a minority stake to Huawei Technologies Co., China's largest telecommunications equipment manufacturer.
"We are deeply troubled by the national security implications of the sale," Arizona Senator Jon Kyl says in a draft letter, obtained by Fortune and addressed to Treasury Secretary Henry Paulson. The draft is circulating in the Senate for additional support. In the House, eight members have introduced a resolution urging the government to reject the deal on national security grounds, citing the Chinese company's military ties.
- Airfreight Import
(2008-12-23) - Seafreight Import Rate
(2008-12-23) - Inquiry Online
(2008-12-23) - China's international trade
(2008-12-23) - Yangshan port open
(2008-12-23) - South China’s Nansha aims to double throughput
(2008-12-23) - Pudong's PACTL moves its first million tons of air
(2008-12-23) - China container volume returns to steady pace afte
(2008-12-23) - Pudong's PACTL moves its first million tons of air
(2008-12-23) - China container volume returns to steady pace afte
(2008-12-23)
