- Political sensitivities a concern
- Chinese security strategy also an issue
- Looking at smaller targets
Inventis Investment Holdings (China) Ltd, one of China’s oldest private equity firms, hopes it can succeed where the country’s state-owned giants have failed in buying stakes in North American energy companies, the company’s CEO told sister news service Reuters.Bids by Chinese state firms have provoked political firestorms in the United States and Canada where lawmakers fear losing control of resources to state-run foreign firms. Notable cases include CNOOC’s failed 2005 bid for Unocal and more recently CNOOC’s $15 ...