US president Barack Obama and governor Mitt Romney have
fiercely debated how they would increase US investment. When
asked about their stances on cross-border investment with the
world's second largest economy, however, the discussion has
revolved around anti-dumping policies or identifying China as a
currency manipulator – rather than encouraging
investment in the US.
Sound economic policy must trump political pressures when
the Committee on Foreign Investment in the US (Cfius) reaches a
decision on China National Offshore Oil Corporation's...