Comments on: Chinalco’s Dawn Raid on Rio Tinto Shares – More than a Business Deal http://underthejacaranda.wordpress.com/2008/02/10/chinalcos-dawn-raid-on-rio-shares-more-than-a-business-deal/ An online forum with a focus on China Sun, 20 Dec 2009 16:36:39 +0000 http://wordpress.com/ hourly 1 By: China adds to global recession by turning off overseas mining investment « Under the Jacaranda Tree http://underthejacaranda.wordpress.com/2008/02/10/chinalcos-dawn-raid-on-rio-shares-more-than-a-business-deal/#comment-1183 China adds to global recession by turning off overseas mining investment « Under the Jacaranda Tree Sun, 09 Nov 2008 02:18:23 +0000 http://underthejacaranda.wordpress.com/?p=87#comment-1183 [...] of the global financial crisis. Among them is Chinalco. This giant Chinese aluminium producer paid a hefty US$14.05 billion for 12% stake in Rio Tinto in February this year. Since then the price of Rio Tinto shares has fallen 61%, forcing [...] [...] of the global financial crisis. Among them is Chinalco. This giant Chinese aluminium producer paid a hefty US$14.05 billion for 12% stake in Rio Tinto in February this year. Since then the price of Rio Tinto shares has fallen 61%, forcing [...]

]]> By: C.A. Yeung http://underthejacaranda.wordpress.com/2008/02/10/chinalcos-dawn-raid-on-rio-shares-more-than-a-business-deal/#comment-180 C.A. Yeung Mon, 11 Feb 2008 07:04:56 +0000 http://underthejacaranda.wordpress.com/?p=87#comment-180 I have also left a comment at China Digital Times to address the issue about whether the BHP-Rio merge proposal is motivated by BHP's greed. Here is the link: http://chinadigitaltimes.net/2008/02/chinese-fear-two-going-into-one-big-ore-price-rise/#comment-679 I have also left a comment at China Digital Times to address the issue about whether the BHP-Rio merge proposal is motivated by BHP’s greed.

Here is the link: http://chinadigitaltimes.net/2008/02/chinese-fear-two-going-into-one-big-ore-price-rise/#comment-679

]]> By: Ned Kelly http://underthejacaranda.wordpress.com/2008/02/10/chinalcos-dawn-raid-on-rio-shares-more-than-a-business-deal/#comment-179 Ned Kelly Mon, 11 Feb 2008 02:57:11 +0000 http://underthejacaranda.wordpress.com/?p=87#comment-179 Lying and cheating isn't "taking advantage of market opportunities." There's an essential difference between a marketplace and organised crime. Lying and cheating isn’t “taking advantage of market opportunities.”
There’s an essential difference between a marketplace and organised crime.

]]> By: C.A. Yeung http://underthejacaranda.wordpress.com/2008/02/10/chinalcos-dawn-raid-on-rio-shares-more-than-a-business-deal/#comment-178 C.A. Yeung Mon, 11 Feb 2008 00:49:58 +0000 http://underthejacaranda.wordpress.com/?p=87#comment-178 So are you suggesting it's OK for China to lie and cheat in order to secure resources for its economic development (because this is what superpowers are expected to do), but it is not OK for an Australian to stand up and defend her national interest? The BHP-Rio merger is a highly unpopular move. Many international players are quite happy to make sure that the deal eventually falls through (and it probably will). So you'll be glad to know that in reality China will not be blamed for taking advantage of this market opportunity. I just wonder whether there is any "market opportunity" for BHP to acquire a controlling stake in Baosteel. So are you suggesting it’s OK for China to lie and cheat in order to secure resources for its economic development (because this is what superpowers are expected to do), but it is not OK for an Australian to stand up and defend her national interest?

The BHP-Rio merger is a highly unpopular move. Many international players are quite happy to make sure that the deal eventually falls through (and it probably will). So you’ll be glad to know that in reality China will not be blamed for taking advantage of this market opportunity.

I just wonder whether there is any “market opportunity” for BHP to acquire a controlling stake in Baosteel.

]]> By: mark speller http://underthejacaranda.wordpress.com/2008/02/10/chinalcos-dawn-raid-on-rio-shares-more-than-a-business-deal/#comment-176 mark speller Sun, 10 Feb 2008 22:18:53 +0000 http://underthejacaranda.wordpress.com/?p=87#comment-176 Well can you blame the chinese.they are probably the most powerful economy in the world doing what any economic titan will do to make sure it has the natural resources to do it. If you take a look back at the way the western countries behaved in the middle east as regards oil in the 1950's and got away with it all china is doing is taking advantage of market oppotunities. Well can you blame the chinese.they are probably the most powerful economy in the world doing what any economic titan will do to make sure it has the natural resources to do it. If you take a look back at the way the western countries behaved in the middle east as regards oil in the 1950’s and got away with it all china is doing is taking advantage of market oppotunities.

]]>