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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Greens want Govt to block Chinalco-Rio deal

Posted on 18 February 2009

From Abc.net.au: The Greens say the Federal Government must block the Chinese-owned Chinalco company buying part of Rio Tinto because of human rights abuses by the Chinese Government.

Under the proposed $30 billion deal, Chinalco would take an 18 per stake in Rio. The transaction will need Federal Government approval.Federal Treasurer Wayne Swan has confirmed he has held talks with the head of China’s sovereign wealth fund about Chinese investment in Australia…… Full Article: Source


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