Bill Hayton > Quotes

“The Communist Party leadership likes SOEs because they can implement its policies. The Party members who run them can be ordered to carry out Party policies. But many bosses like running SOEs because they provide plenty of opportunities for personal enrichment. Setting up a subsidiary company and appointing oneself to the board is an easy way to make money. Another is to set up a private company owned by a friend or relative and either sell its assets at cheap prices or award it lucrative contracts.”
― Bill Hayton, Vietnam: Rising Dragon

“purportedly free market, corrupt officials and state-owned companies looking to leverage their monopoly positions into profits.”
― Bill Hayton, Vietnam: Rising Dragon

“It will be a Sea with agreed boundaries based upon universal principles and governed by shared responsibilities to use its resources most wisely, a Sea where fish stocks are managed collectively for the benefit of all, where the impacts of oil exploration and international shipping are alleviated and where search and rescue operations can take place unimpeded. It could happen – if a line is redrawn.”
― Bill Hayton, The South China Sea: The Struggle for Power in Asia

“The South China Sea is a crucial link in the ‘global commons’, connecting the Pacific to the Indian Ocean, Persian Gulf and Europe. Right now, along with the East China Sea, it is the most contested piece of sea in the world and one of the main reasons for the current anxiety over China's intentions”
― Bill Hayton, The South China Sea: The Struggle for Power in Asia