Whatever the final outcome of the contest between Chevron and CNOOC for Unocal, there are important lessons that can be gleaned from this episode. Indeed, it is a portent of future challenges to U.S. and other developed-country policymakers as they attempt to deal with the emergence of China as a...

Shouldwe worry that Chinese want to buy one of our energy companies? Absolutely not. What we should worry about is the intervention of politicians into areas that are none of their business.

Certainly, Congress is right to stop certain sales. But Unocal? How pathetic, childish and cowardly! This is not the behavior of a courageous nation founded onfreedom.

The sale of Unocal is not just about dollars and cents.

The CNOOC episode is a relatively minor affair, but there is a risk that much more damage will be done in the future.

NGOs that claim to represent broad "ethical principles" often justify their tactics by claiming to be stakeholders.

Why should one Philippine national be able to sue another in U.S. courts--for legal violations committed in the Philippines?

Whether we like it or not, in a globally interconnected economy, America's prosperity depends on the willingness of foreigners to invest here.