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Chinese Bid for Unocal Stirs National Security Debate Politics has taken center stage in China's bid for oil. Last week, a Chinese oil company bid more than $18 billion for Unocal, a California-based oil company. Many members of Congress say the bid should raise national security concerns.

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Chinese Bid for Unocal Stirs National Security Debate

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Chinese Bid for Unocal Stirs National Security Debate

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Politics has taken center stage in China's bid for oil. Last week, a Chinese oil company bid more than $18 billion for Unocal, a California-based oil company. Many members of Congress say the bid should raise national security concerns.