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METAL DETECTIVE

Chinese dragon bites back

THERE is plenty of water to flow under the bridge from Rio Tinto’s unfortunate encounter with Chinese security forces. But one thing is crystal clear: China’s sovereign risk profile just took a turn for the worse. <b><i>The Metal Detective</i> by Stephen Bell</b>.

Stephen Bell

The arrest nine days ago of four members of Rio’s Chinese iron ore marketing team because of alleged industrial espionage puts the recent China-driven commodities boom in a whole new light. When stock...

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