The NYT examination of how China is reaping the biggest energy benefits from post-war Iraq...


The NYT examination of how China is reaping the biggest energy benefits from post-war Iraq angers some, but China’s terms of engagement with Iraq are familiar in African countries: They gather the resources quickly, efficiently and to the benefit of themselves and the governments of the host country. Chinese companies are willing to take Iraq's terms, which are often rejected by big Western oil companies.
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  • The Mighty Wart
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    "They gather the resources quickly, efficiently and to the benefit of themselves and the governments of the host country"

     

    Not sure what would be the difference between this and the Western oil companies tbh. The only real difference is that the chinese are willing to take a hard bargain. That sounds fair play to me.
    4 Jun 2013, 12:53 PM Reply Like
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