Seminar Paper

SINOPEC

Foreign Business in Chinese Companies

Table of contents

Set of Abbreviations...................................................................................................................... several В

1 ) Introduction................................................................................................................................ 1 В

2 . Development.............................................................................................................................. 1 В

installment payments on your 1 History of the company........................................................................................................ 2 В

installment payments on your 2 Politics Influences............................................................................................................... 2 В

2 . 3 Internationalization process.................................................................................................. a few В

2 . 3. 1 Entry methods – Literature............................................................................................... 3 В

2 . three or more. 2 Admittance modes – Sinopec.................................................................................................. 6 В

2 . 3. three or more Assessment of Sinopec's internationalization theory.................................................... 7 В

three or more. Domestic and foreign marketplaces.................................................................................................... 9 В

3. 1 The global crude oil and natural gas market........................................................................ on the lookout for В

three or more. 1 . you Scope............................................................................................................................. on the lookout for В

a few. 1 . a couple of The move in commodity future trading ownership.................................................................................. 12 В

3. 1 . several The need for direct foreign purchases...................................................................... 10 В

3. 2 The Oriental crude oil and natural gas market................................................................... 11 В

3. installment payments on your 1 History......................................................................................................................... 11 В

3. installment payments on your 2 Market Data................................................................................................................. doze В

a few. 2 . 3 Industry Examination......................................................................................................... 12 В

4. Business Description................................................................................................................ 14 В

your five. Competition.............................................................................................................................. 15 В

your five. 1 Domestic competition........................................................................................................ 15 В

My spouse and i

5. 2 Foreign competition........................................................................................................... 16 В

6. Public Reaction........................................................................................................................ seventeen В

six. Outlook..................................................................................................................................... 18 В

Referrals.................................................................................................................................... 19 В

II

Set of Abbreviations

CNOOC

China National Offshore Olive oil Corporation

CNPC

China National Petroleum Company

CNY

Renminbi, official currency of the Householder's

Republic of China

CPC

Communist Party of China

FDI

Foreign Direct Expenditure

IPO

First Public Offering

mb

mil barrels

RAMOLLI

Memorandum of Understanding

OPEC

Organization from the Petroleum...

Recommendations: Bloomberg. Sinopec Agrees to get Occidental is actually Argentina Product for $2. 45 Billion dollars;

(Bloomberg News, 2010)

Bloomberg. Sinopec, Sibur Agree to Form Rubber Projects in China and tiawan, Russia; (Bloomberg

News, 2011)

Brütsch, C., Hulbert, M. 2010. Wenig Stabilität uber Instabilität: expire paradoxe

Ressourcendiplomatie Chinas

Dunning, J. 2000. The eclectic paradigm because an envelope for financial and business theories of

MNE activity

Hill, C. 2012. Worldwide Business: Competitive in the global marketplace (9th ed. ). New York:

McGraw-Hill Companies Incorporation.

Johanson, J., Vahlne, M. -E. 2009. The Uppsala internationalization process model revisited:

From responsibility of foreignness to the liability of outsidership

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