"The idea was that free trade with China would turn China from a strategic competitor to a strategic partner, but the truth is that American business is not bringing positive political change in China," Gutmann said. "They're not there to change China, but just to do whatever the CCP wants."
When asked about his view of the Unocal ordeal that saw the China National Offshore Oil Corporation's bid to buy the American-owned company scuppered due to intense US government scrutiny, Gutmann said while it might not have been the most logical way for Washington to make a stand (after all, only 1 percent of the US' oil was in question), the outcome should encourage US businesspeople in China to take a step back from the CCP's demands and say, "We're really under a lot of pressure from Washington."
"Unocal shows that Congress is watching," Gutmann concluded. "Taiwan should be watching, too."
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