04.11.2008 - Rio Tinto says China slowdown quickening
From Telegraph: Rio's share price has fallen 45pc this year as concerns grow that a recession will hurt demand for commodities but Mr Albanese said at a visit to a $1bn (£630m) ilmenite mine project in Madagascar that his company would not be forced into the arms of BHP Billiton, which is targeting a $86bn takeover of the Anglo-Australian group. Mr Albanese said China was "taking a pause for breath" and there were further signs of the economy slowing down in the fourth quarter following its slowest growth in five years in the three months to the end of September. However, he said it was still realistic to expect growth of 8pc or 9pc from China next year..... Full Article: Source
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