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PR Could Make the Difference for CNOOC

Written by Scott Baradell | Jun 27, 2005

As the Wall Street Journal reports, CNOOC, the state-owned Chinese oil company, is relying on "U.S public relations strategy" in its attempt to win shareholder and government approval for its unsolicited bid for Unocal.

Cnooc has hired a pair of U.S. media strategy firms to soften resistence among the public and on Capitol Hill.