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Xiong denies the failure of Rio Tinto's deal is a political factor

The picture is Xiong, new general manager of Chinalco.  (Photo source: On the afternoon of June 11, Chinalco publicly talked about the failure of Rio Tinto's deal, and Chinalco's general manager, Xiong, denied that the failure of the Rio Tinto deal was a political factor and said the deal had made him aware of the Australian government's openness to foreign investment, including Chinese companies. Xiong denied that the political environment was the main cause of the deal's failure in a press conference with Chinalco on a 19.5 billion dollar deal with Rio Tinto. Through the deal, he said, they feel the Australian government's commitment to include Chinese companies ...

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