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China Daily | Updated: 2009-07-20 07:48

Pros and cons of Rio Tinto case

Comments on "China Widens Probe of Steel Industry"(China Daily Website):

China is now the third largest economy in the world. China has a huge market with 1.3 billion potential consumers. For example, if every Chinese citizen buys a pencil a week, a manufacturer of pencils will have the orders to run for years and make handsome profits. So, never mind if the Australians are pulling out because they are not happy with the arrest of Stern Hu, an Australian citizen. There are other companies in the region and beyond looking for business opportunities in China.

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