| 19.02.2009 - Chinese deals test Australia’s rules |
| From FT: The head of China Investment Corp, the country’s $200bn sovereign wealth fund, flew to Australia to meet its federal treasurer shortly before Rio Tinto announced plans for a $19.5bn cash injection from Chinalco, the state-owned metals group. Lou Jiwei, CIC chairman, also held talks with Colin Barnett, premier of the resource-rich state of Western Australia, and with Fortescue Metals, Australia’s third-largest iron ore producer. .... Full Article: Source |