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 Re: A letter from the world's Nobel laureates to China: You must act on Darfur (Re: Mohamed Omer)
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CHINA’S INVOLVEMENT IN SUDAN: ARMS AND OIL
Allegations of Chinese prison labor used in the construction of Sudan’s oil pipeline
China’s need for oil reserves for its growing domestic economy has caused its government to pursue investments in many countries of marginal stability and democracy, but its greatest oil success abroad has been in Sudan
Although the China National Petroleum Company (CNPC) had escaped the public relations hammering that Talisman was receiving, it was drawn into the controversy through the efforts of Sudan activists to bar the use of U.S. financial markets to raise money for anyone doing oil business in Sudan in late 1999
China’s first foray into the world of high finance—to open up its enormous government-owned corporations to foreign investment—was a controversial offer to sell stock in CNPC to the public on the New York Stock Exchange (NYSE). Its offer, designed to raise a record U.S. $ 10 billion, had to be withdrawn and refashioned because of the negative publicity suggesting that the proceeds would be used to commit further human rights abuses in Sudan, Tibet, and elsewhere. Ultimately, the 90 percent-CNPC-owned subsidiary PetroChina, with a “firewall” to prevent any of the new capital from going to the Sudanese operations, proceeded with a stock offer to raise U.S. $ 10 billion. A broad-based coalition opposed to the PetroChina IPO ultimately succeeded in reducing the proceeds from the IPO by some 70% to only U.S. $ 2.89 billion. This reduced amount was raised with major participation from British Petroleum and a few other large companies. Questions about China’s financing of arms sales to Sudan and allegations of Chinese prison labor used in the construction of Sudan’s oil pipeline were never addressed
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| العنوان |
الكاتب |
Date |
| A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 04:51 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 05:06 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 05:12 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 05:21 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 05:26 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 05:44 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 07:07 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 07:28 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 07:46 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 07:52 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 08:02 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 08:07 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 08:11 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 10:37 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-14-08, 10:56 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-15-08, 03:48 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-15-08, 04:51 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-15-08, 06:01 PM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-16-08, 02:50 AM |
| Re: A letter from the world's Nobel laureates to China: You must act on Darfur | Mohamed Omer | 02-16-08, 02:03 PM |
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Mohamed Omer
فيس بوك
تويتر
انستقرام
يوتيوب
بنتيريست