You are correct glite about the Japanese investments.
There was an article in the press a couple of weeks ago about the very same thing contrasting investment vs takeover strategies of the Japanese and the Chinese.
If I recall correctly the article said the 100% takeover strategy the Chinese have undertaken to a large extent to date is problematical for them in the longer term but they have been learning from their various failures eg RIO and particularly an American O&G company that I can't remember.
But there are many others.
I think Creat and Fengli are astute investors and will not be making those kinds of strategic errors with GXY
Add to My Watchlist
What is My Watchlist?