Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (207372)	10/31/2006 1:33:00 PM
From: Brumar89	Respond to of 281500

China had a signed oil agreement with Iraq before the invasion and Bremer unilaterally cancelled it. So this could be as simple as the Iraqi government honoring its previous contracts. Saddam penned some sweetheart deals designed to get sanctions lifted. The contract is one of those but is going to be renogotiated - naturally. Chinese companies bring a willingness to accept low returns, an absence of human rights concerns, and Chinese gov't political/diplomatic favors. OTOH, American companies tend to be more advanced technologically. Some places that counts more than others.