Honestly this is probably the only way to actually get those resources developed at this point.
Sinopec and Rosneft are absolute beasts in scaling O&G. Given China's specific USD reserve issues right now, it might make sense to route US assets into developing Sinopec assets abroad.
Funny how your entire argument is invalidated by their previous article today:
China’s property bender has led to long, tough hangover: economist Mao Zhenhua