[lilylangtree]

Wonder what China's retaliatory forms would be if Unocal accepts Chevron's bid?

[Trust but Verify]

Maybe they'll quit trading with US!

[TAquinas]

"Wonder what China's retaliatory forms would be if Unocal accepts Chevron's bid?"

The header states that Unocal has already accepted Chevron's bid.

[RightWhale]

China will give up its SUVs and go back to bicycles.

[staytrue]

Wonder what China's retaliatory forms would be if Unocal accepts Chevron's bid?

Make a bid for Chevron ?

[montag813]

Wonder what China's retaliatory forms would be if Unocal accepts Chevron's bid?

The bid is sweeter, they have no beef, unless they sweeten theirs big time. THEN if Unocal balks, China can dump U.S. Treasuries, sending mortgage rates skyrocketing and wrecking the housng market, consumer spending and the economy along with it. Then Americans would only have enough money to afford items from China. Win, win.

[sefarkas]

Wonder what China's retaliatory forms would be if Unocal accepts Chevron's bid?

One option would be to buy the 4 ChiCom nuclear power plants out for bid right now (decision due in the Fall '05) from AREVA (French), rather than Westinghouse (U.S. operation of BNFL). A win of all four orders by the Westinghouse group would amount to roughly $8billion and employment for loads of folks in Pittsburgh and Connecticut. The ChiComs have made the technical decision to build nuclear plants. The decision about who to buy them from is purely political and the carping about CNOOC like what I see on FR is a good way to push the ChiComs into the arms of the French.