After months of debate, Canadian regulators on Friday approved China National Offshore Oil Corp's $15.1 billion purchase of Calgary-based Nexen Inc. Timeline Chinese Companies' Overseas Footprint
China's Ministry of Commerce has approved a plan by a Chinese auto parts maker to take over American battery maker A123 Systems Inc.
China's State-owned CNOOC Ltd and its Canadian takeover target Nexen Inc have withdrawn and resubmitted an application for US approval of their $15.1 billion deal, as Canada gets close to its decision on whether to approve the transaction.
The energy companies said on Tuesday that discussions with the Committee on Foreign Investment in the United States, or CFIUS, were still in progress, "with a view to completing the CFIUS review process as expeditiously as possible."
Nearly 190 employees of COSCO Americas, who were affected by Hurricane Sandy, received relief money and other gifts from their Chinese employer.
The United States still welcomes Chinese investment that creates jobs in the country, a top US diplomat said on Tuesday.
Video: Chinese Firms in US
China's direct investment in the United States hit a record high through the first nine months of 2012, despite election-year rhetoric.
Increasing Chinese investment in the United States has created more than 10,000 jobs for Americans, according to a study report released by the Asia Society.
Although US politicians often raise fears about Chinese investment stealing US jobs and posing threats to national security, analysts paint a very different picture.
Two China-based telecom companies repudiated allegations that they deliberately leave backdoors in their products to assist foreign espionage on US security and commercial secrets.
Haier quietly celebrated by acknowledging the series of milestones the company has hit since first entering the United States 13 years ago.
Chinese investment in the United States is expected to hit a record high this year, thanks largely to big-ticket items, said the Rhodium Group.