On July 20, 2012 Chinese oil corporation CNOOC closed a deal to buy Alberta's Nexen priced at $15.1 billion. This is the largest oversea's purchase by a Chinese company and signals Canada's openness to foriegn investment in the country.
CNOOC closed a deal to buy Alberta's Nexen priced at $15.1 billion. This is the largest oversea's purchase by a Chinese company and signals Canada's openness to foriegn investment in the country.
The mission of the Wilson Center's Canada Institute is to raise the level of knowledge of Canada in the United States, particularly within the Washington, DC policy community. Research projects, initiatives, podcasts, and publications cover contemporary Canada, US-Canadian relations, North American political economy, and Canada's global role as it intersects with US national interests. Read more
