Good for unocal for rejecting China's offer.
Yes. Especially since we can't count on the US govenment to intervene when national security is at stake.
Which brings to mind a point I believe needs to be discussed at length in the US congress. That being, should it even be legal for a [foreign] company that is basically a front for a [hostile] foreign government to aquire ANY US company. Period.
IMO, it should not be so. And the national legislature should be the body dealing with it. Of course, doing that would cause lots of yellow stained pants in the senate.
Good for unocal for rejecting China's offer.
CHINA is a Godless Commie Leadership of Fools, who still have Slave-Labor Factories!!!!!
Beware they will not take this lying down!