I agree with that guy too.NDRC has a very high approval stat,...

I agree with that guy too.

NDRC has a very high approval stat, probably nearly 99%.

The only major deal I can think of that was rejected by NDRC was Tengzhong Heavy Industrial Machinery's proposed purchase of the "Hummer" from General Motors. This was approved by the US Govt, but rejected by NDRC.

Word was the Chinese Govt thought the idea of having a heavy polluting vehicle was counter-effective to their efforts of cleaning up their environment.

Yet, Tengzhong was a private company (non-SOE) and plus the deal was non-resources/energy related.

Again, pretty much all Aussie resource deals have been approved ranging to the most recent deal of acquiring Gloucester Coal (GCL), now Yancoal.

Then, the Chinese are flashing out $15b in the most M&A, where CNOOC is taking over Canada's Nexen Energy.