Tuesday, July 7, 2009

For those who think we can deal with China....

The Financial Times has a story, Four Rio Tinto staff detained in China. Seems there is a dispute over the negotiations over a new contractual price for the iron ore Rio Tinto sells to China.

China is also mad because Rio Tinto backed out of a deal for a Chinese company to buy into Rio Tinto.

What a way to negotiate!

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