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... ... “oil-lifeline” is a major flaw that could see the entire state collapse in a matter of weeks (Yergin, 2011: 209-211). Characteristically, China used diplomatic language and did not... ... 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