08.01.2010 - China's gentle North American resource grab
From Fool.com: China Investment Corp. came to Teck Resources' rescue earlier this year with a $1.5 billion investment that gave the fund a 17% stake in the base-metal miner. It appears the deal was not even reviewed by the Investment Canada Act. Contrast this, the largest ever investment by a Chinese entity in a Canadian company, with China Minmetals' failed attempt a few years ago to take over mining giant Noranda (which soon merged with Falconbridge, and subsequently Xstrata)...........................................Full Article: Source
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