A Hazardous Game – The Strait of Malacca
... daily or 1/3 of the global oil trade, as tankers move from mainly Middle East to Asia (China, Japan, South Korea, etc.) It is not the only passage available there (e.g. Lombok-Makassar... ... world’s biggest economy? As Yergin (2011) stresses oil has been a primary energy concern for China ever since Mao, as it was perceived as a main component of... ... 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...
08.10.2013