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Navigating Through U.S.-China Policy: An Investigation Of China National Off-Shore Oil Corporation's Proposed Acquisition Of Unocal Corporation And How Domestic Politics Plays A Role In Balancing U.S. Trade Policy With National Security Policy, Vicki Lynn Spencer

Electronic Theses and Dissertations

When Chinese National Offshore Oil Corporation, Ltd. ( CNOOC) attempted to buy American-owned Unocal Corporation, it unleashed a "perfect storm" in Washington. Members of Congress immediately called upon President Bush to invoke his Exon-Florio authority to prevent the transaction. After the president claimed action would be premature, Congress quickly coalesced to block the deal. The Chinese expressed surprise at the political backlash and ultimately CNOOC was forced to withdraw its bid.

The purpose of this study is to explain the fervor that arose over CNOOC's proposed acquisition of Unocal. The study builds upon the theoretical approach of new institutionalism which …