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Think of how many corporations the Saudis have invested in.
I know Citigroup is largely owned by some Saudis.
What's the differene if we let the Chinese buy an oil company outright as opposed the Saudis owning a large share of Citigroup.
I think we'd be more hurt in the short term if the Saudis divested themselves of their Citigroup stock that Chine buying a small oil company.
Perhaps long term, having them own several oil companies would not be the wisest thing that could happen.
.02
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