Who is the monopoly of Chinese national oil market? China national oil market leader is “Arowana oil” cooking oil, accounting for nearly 40%! The Arowana oil cooking oil boss, is Robert Kuok!
I disagree this from the perspective of business. Assuming even if Najib administration did offended Kuok, but if they offered a good deal, i dont think he would reject also.
In addition, price of oil palm has also dropped over the recent years because Indonesia is also increasing production and their soil is much fertile.