Western powers should drop bias toward Chinese investors

BEIJING, Dec. 9 (Xinhua) -- Twice prolonging its verification process amid strong domestic protests, the Canadian government has finally approved the 15.1-billion U.S. dollar bid by China's state-owned CNOOC for oil and gas producer Nexen.

Friday's hard-earned approval for the largest overseas takeover by a China-based company has expressly revealed the predicament that has frustrated Chinese entrepreneurs' enthusiasm for foreign investments and prompted them to question the fairness of foreign marketplaces.

For quite a while, Chinese investors have been discredited by some Western governments and media as a group of cash-rich predators and spies. They have been wrongly reported to forage across the world for energy resources and raw materials on behalf of the Chinese government and covertly plot to sabotage the national security of those who receive their investments.

We recommend:
'Boeing Dreamliner riddled with errors	HK tops China City Competitiveness Ranking	China's electric rail mileage ranked world's first
10th China Int'l Automobile Exhibition concludes	Harbin-Dalian high-speed railway starts operation	New wave of communication tools
Alibaba's 2012 transaction volume hits 1 trln yuan	China's savings rate world's highest	Shanghai Center Tower to rise over 400m