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A security officer keeps watch outside the headquarters of China National Offshore Oil Corp. (CNOOC) in Beijing.
A security officer keeps watch outside the headquarters of China National Offshore Oil Corp. (CNOOC) in Beijing.
(CLARO CORTES IV/REUTERS)

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China better off aiming sights on West’s energy know-how

There’s an easier path for China than struggling to buy energy resources from the West. Companies from the People’s Republic and elsewhere have encountered political resistance when pursuing U.S. and Canadian enterprises that hold oil and gas rights. A smarter strategy could be to snag the know-how needed to unlock ample reserves at home.