Author: cestmoi

Chinalco-Rio Tinto Post Mortem [Copy link] 中文

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Post time 2010-4-11 20:37:31 |Display all floors
Actually, China is the only country that has this problem and the reason seems to be that it has organized its metals industries around large and unprofitable SOEs. Without price concessions, these SOEs fail.

No one who doesn't have structure like this has much complaint with the status of these miners and has no problem with the price of commodities. China's complaints are a byproduct of China's mercantilist trade policies, not any legitimate beef with the status of the market globally.
"Justice prevails... evil justice."

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Post time 2010-4-11 20:57:42 |Display all floors

the REEF thing...

MSQ is just the latest retaliation to the chinese RIO TINTO case...a no win situation for both  

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Post time 2010-4-13 13:21:47 |Display all floors
Originally posted by zhiran at 2010-4-11 18:44
So this 'balanced' report was able to find excuses as to why this illegal activity was acceptable - Mr. Du had no other choice apparently.

It would appear that the courts agree - he is not to be ...


What a surprise!

No one wants to comment on how the briber in the Rio case escapes punishment. Is it because he is connected to Mr Hu's family?

Perhaps they should just banish Mr Du from the Middle Kingdom and send him somewhere else to live out his days.

How about Nam ibia?

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Post time 2010-4-13 13:29:49 |Display all floors

Reply #1 cestmoi's post

Ah! I understand the situation with Stern Hu!

ha ha ha

okay! wow!


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[ Last edited by greendragon at 2010-4-13 02:20 PM ]

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Post time 2010-4-13 13:33:16 |Display all floors

British RED QUEEN-UNCLE PANDA conjointed....

....one with the bulk of global iron ore, and the other a 600 mil tonne a year iron/steel production!

HO HO HO

The White Queen scheming away and this ridiculously large business of the Sino-British pair!

ha ha ha


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Post time 2010-4-13 14:21:50 |Display all floors

Why is there no other supplier of IRON ORE in the world.....

....why only buy from RIO TINTO, BHP....

Gosh!


Green DRagon
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Post time 2010-4-13 14:22:49 |Display all floors

I worry about Crude Oil scenerio but it's the Iron Ore/steel scene...

....that is a big problem....

The British just won themselves a whole lot of INSURANCE activity!!!!

ha ha ha

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