LIGNET: China’s 'Espionage' Investment in Canada’s Oil

Wednesday, 13 June 2012 10:45 AM EDT ET


LIGNET Intelligence Analysis — After the Obama administration shelved the Keystone XL pipeline last November, vocal critics, including former House Speaker Newt Gingrich, expressed deep concern that the decision would push Canada into the open arms of China. While this could still happen, a less talked-about issue is arguably of greater importance; namely, China’s ongoing efforts to acquire oil extraction technology under the benign umbrella of investments in Canada’s energy sector.

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