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.
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.
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.
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.
Xi Jinping, the man in line to be China’s next president, warned officials on a 2004 anti-graft conference call: “Rein in your spouses, children, relatives, friends and staff, and vow not to use power for personal gain.”