Canadian Nursing Home Deal Spurs Questions About Chinese Money
The United States will review the Norsat deal, said Michael R. Wessel, a member of the U. S.-China Economic
and Security Review Commission, which monitors security issues for Congress.
The threshold rose in April from deals valued at 600 million Canadian dollars to those valued at 800 million dollars,
and it rose again to 1 billion dollars, about $770 million, on June 22.
“There’s an emerging pattern here of being naïve with regard to China,
and lax with regard to national security,” said Michael Byers, a Canada Research Chair at the University of British Columbia.
Last year at a news conference, China’s foreign minister rebuked a Canadian journalist for asking a
question about human rights while Stéphane Dion, then Canada’s foreign minister, stood silently by.
