China and Alcoa Buy Stake in Rio Tinto
Big news in the multinational mining world: the Aluminum Corporation of China has partnered with Pittsburgh-based Alcoa (a huge aluminum producer) to buy a 12 percent stake in Rio Tinto. Rio Tinto has...
View ArticleChina’s Champions: Why State Ownership Is No Longer Proving A Dead Hand
Private Chinese companies have been investing abroad for a while, but now even state-owned companies are making their mark outside of the Mainland. From the Financial Times : When the Aluminium...
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