A Hazardous Game – The Strait of Malacca
... 2005 CNOOC tried to buy USA’s Unocal, but it failed spectacularly, as liberal mottos proved not as free as they sounds. Yergin (2011: 204-205) described the attempt well by saying that it was like – throwing a lit match into a gas filled room ... ... to better its domestic production (even if a firm like Unocal accounts for a mere 1% of the US output), nor can land adjacent Central Asia support its growing energy demand fully or Russia be prepared to play on its terms. In effect, China is left with ...
08.10.2013