From the state-centered perspective, China's hunt for foreign energy deals has generated increasing uneasiness in international relations. By exploring Chinese national oil companies' overseas expansion, this study finds that Chinese bureaucratic fragmentation in the context of the state's changing relationship with state-owned enterprises has greater impact on firms' offshore ventures than the state-centered perspective contends.
Research Article| July 01 2009
Bureaucratic Politics and Overseas Investment by Chinese State-Owned Oil Companies: Illusory Champions
Asian Survey (2009) 49 (4): 670–690.
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Chih-shian Liou; Bureaucratic Politics and Overseas Investment by Chinese State-Owned Oil Companies: Illusory Champions. Asian Survey 1 July 2009; 49 (4): 670–690. doi: https://doi.org/10.1525/as.2009.49.4.670
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