It is possible to diplomatically manage the Chinese reaction
A week back, ONGC Videsh Limited (OVL) and PeroVietnam in the presence of Indian Prime Minister Manmohan Singh and Vietnamese President Truong Tan Sang, entered into a three year long treaty on cooperation in the field of oil and gas.
A seething China feels that this alliance has the potential to disrupt peace in the Asia-Pacific region. China is striving for sovereignty in the area and they won’t feel comfortable with a strong Indian presence over there. As a matter of fact, China diplomatically pressurised British Petroleum to abandon their operation in the region.
A seething China feels that this alliance has the potential to disrupt peace in the Asia-Pacific region. China is striving for sovereignty in the area and they won’t feel comfortable with a strong Indian presence over there. As a matter of fact, China diplomatically pressurised British Petroleum to abandon their operation in the region.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
IIPM Best B School
IndiaManagement Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM's Management Consulting Arm-Planman Consulting