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 ... ... be it as a test-bed for China or off-shoring policy for the US. Maybe we ought to welcome such rivalry and its resurgence in geopolitics - if we adapt an accepted principle that in business a supreme practice is reached via competition. We should not ...
08.10.2013