Lenovo Group Ltd. has turned to national security insiders to win U.S. approval to buy Google Inc.’s Motorola Mobility phone unit and International Business Machines Corp.’s low-end server business, people familiar with the two deals said.
If there's anyone who should know a thing or two about the business consequences of geopolitical tensions, it's Huawei Technologies. The Chinese network equipment maker became a target of U.S. congressional hearings and was squeezed out of deals as evidence of corporate espionage and widespread government hacking from China reached a fever pitch late in 2012.
U.S. President Barack Obama’s administration this week approved a significant business deal involving a Chinese company: the acquisition of Nexen Inc., a global energy company, by the China National Offshore Oil Corp.
U.S. Senator Richard G. Lugar of Indiana, the top Republican on the Foreign Relations Committee, talks with Bloomberg's Al Hunt about U.S.-China relations and his concern that China isn’t doing enough to control the spread of nuclear material.
President Barack Obama’s sitdown with Chinese President Xi Jinping this weekend comes as acquisitions by mainland companies in the U.S. heighten public unease toward its economic rival. Proponents of the deals say Americans ought to relax.