“According to the article, it’s 10% Chinese-owned.”
Reread the article and did not find this information.
Buried somewhere in the comments?
Interesting preachy lecture by:
Dr Mamdouh G Salameh
International Oil Economist
Visiting Professor of Energy Economics at ESCP Europe Business School, London
“President Trump and his advisers are well advised to study and also heed the mantras of Deng Xiaoping, the inspirational architect of contemporary China and is thus among the towering figures of the twentieth century. His mantras about the peaceful rise of China are:
“China should “observe developments soberly, maintain our position, meet challenges calmly, hide our capabilities and bide our time, remain free of ambition, never claim leadership. China should not attempt to be a hegemon, it should never practice power politics and it should never pose a threat to its neighbours or to world peace”.”
Been a while since “Deng....the inspirational architect,” ruled China. I agree about the “hide our capabilities,” but none of the rest still apply—if they ever did—to the current China. (Which this international oil analyst should well know considering just the imperialistic actions of the Chinese to seize pretty much the entire South Chinese Sea and its oil resources from Manila and Hanoi. (Never pose a threat my ass!)
[Reread the article and did not find this information.
Buried somewhere in the comments?]
When Deng said “bide your time, he meant the way someone in a deer hide waits for his moment. I’m a dilettante re China in much the same way I was re Russia back when I was an amateur Russia watcher until the Warsaw Pact dissolved. Being neither Russian nor Chinese, I have no native grasp of either language, and am restricted to English language sources. However, both countries are essentially the same as they’ve ever been since the first tribal chieftain expanded at the expense of his neighbor. In Russia’s case, it’s since Dmitri Donskoi broke free of Mongol vassalage ~7 centuries ago. In China’s case, it was when Ying Zheng first laid claim to “all under heaven” 2200 years ago.
Deng wasn’t just a member of the Chinese nomenklatura, and he was clearly no jumped-up apparatchiki. He was one of the key generals at a critical battle fought during the Chinese civil war that brought the Communists to power. His life was essentially spent biding his time and hiding his ambition, like Xi Jinping, Hu Jintao, Jiang Zemin and the other schemers who clawed their way to the top. Deng was more grizzly than panda bear - he ordered the Tiananmen massacre and knocked Mao’s handpicked successor off his perch to become China’s third communist leader, an emperor in all but name.
https://en.m.wikipedia.org/wiki/Huaihai_Campaign
https://en.m.wikipedia.org/wiki/Hua_Guofeng