A Hazardous Game – The Strait of Malacca

... say. They stress that China’s majors (CNPC, Sinopec and CNOOC) have become increasingly dynamic in dozens of nations due to a state policy of “going-out”, which is a result of a stagnating domestic output, increasing demand and the Malacca Dilemma. Moreover, these majors favour unstable states with high corruption as this way competition from international oil firms is minimised which allows 'strongholds' to be build. Essentially, they follow an altered business culture, as they do not have shareholders in a common sense, which allows ...