The Giant Panda in the Room

[Joelle]

The Giant Panda in the Room
      

Not sated with its 9.3 percent stake in Rio Tinto, China is reported to be sizing up an even bigger chunk of BHP Billiton. Resource-hungry China has been worried that BHP’s proposed buyout of Rio would heap more pricing pressure on its booming factories. In that light, the move could be seen as an insurance [...]
         

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