| From Smh.com.au: It was all designed to show Temasek (Singapore's sovereign wealth fund), China Investment Corporation (China's sovereign wealth fund) and a bevy of hedge funds and private equity funds that Palmer enjoyed the warm support of the Chinese state. And he could not have been more pleased.
But then Palmer collided with Li Xiaolin, the chairwoman of China Power group. The incident provides a neat lesson on why Australian businesses need to come to grips with ''the idiosyncrasies of Chinese politics'', as Australia's ambassador in Beijing Geoff Raby put it last week........................................Full Article: Source
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