Squixiang: Hope to enter China's coal and port field

April 14 Afternoon news, Boao Forum for Asia 2011 Annual Meeting April 14 to 16th in China's Hainan province, Bo ' ao. China's demand for iron ore will continue to grow at a rapid pace in the next 20 years, Squixiang, a director of Australian mining giant FMG, said today in a dialogue with Sina.　　He wants FMG to invest in two areas of coal and ports in China. Squixiang pointed out that many of China's "Twelve-Five" plans need to rely on steel, including housing construction, the development of the Midwest, infrastructure construction, all of which require steel, also means the demand for iron ore.　　Demand for iron ore in the Chinese market will continue to grow at a rapid pace in the next 20 years. In addition, he expressed FMG's interest in China's coal and port fields. "Australia welcomes foreign investment, and many Chinese companies have bought Australian investments." We also want to invest in China, but because of policy constraints, it is very difficult for us to invest in China. It is expected to invest in two areas, including coal and ports. "Squixiang said. (Jessie from Boao, Hainan)