Reuters: Regulatory News: REFILE-China commerce minister asks Canada be fair with state firms

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REFILE-China commerce minister asks Canada be fair with state firms Sep 25th 2012, 17:19 Tue Sep 25, 2012 1:19pm EDT TORONTO, Sept 25 (Reuters) - China's minister of commerce said on Tuesday that the country's state-owned companies act as corporations and obey local laws as he asked Canadian regulators to make a "fair and objective" analysis of their involvement in acquisitions. Chen Deming spoke as Canada studies CNOOC Ltd's planned $15.1 billion acquisition of Nexen Inc While he did not specifically mention the proposed deal in a speech to a Toronto business audience, Chen said the country's state-owned corporations, which include CNOOC, do not operate any differently than privately owned companies. "I hope our Canadian colleagues can have a very fair and objective analysis of these companies," Chen said.

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