12.03.2012 - Rio ignores Chinese pessimism on growth
Rio Tinto is putting little credence in China's proclamations that annual economic growth will slow to 7.5 per cent this year. The Anglo-Australian miner, which has Chinese aluminium giant Chinalco as its biggest shareholder, says it still expects Chinese growth to be higher than 8 per cent. The comments, made by Rio's head of business support and operations Bret Clayton at a conference in London on Thursday, indicate China's easing of its annual growth target for the first time in a decade has not affected Rio's publicly buoyant view on the world's biggest commodities buyer...............................................Full Article: Source
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