Deals
Harper Insists on China Reciprocity as Canada Mulls Nexen
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Prime Minister Stephen Harper said Canada will be open to investment from China as long as the Asian country is willing to reciprocate.
Harper’s government is currently reviewing a $15.1 billion takeover of Calgary-based oil company Nexen Inc. by China’s Cnooc Ltd. His main objective when dealing with China is to “protect and further” Canadian interests, not just boost trade, he said at the Bloomberg Canada-Asia Conference in Vancouver yesterday.