If all the allegations are proven right then commonsense must say that RIO is not the only company in china doing business this way, as everyone seems to know more than anyone else in this forum and as one says that this is the way to do business in China then one should pressume that all local and foreign and all local and foreign company's executives would be involved to a degree in this behaviour, RELAX mates IMO the damage is more to chinese than RIO as if they can arrest a foriegn citizen doing business in China then all foreign companies will be in danger and that will be the last thing chinese want, as you all say it saving the face for the chinese as important?? then they would defend their reputation too as a safe place to do business in China, just imagine if foreign companies stop investing money in China then all the progress china has built many years their reputation will be damaged so it is a bigger price for china to pay to do something stupid here, they are smarter than you like to believe and I still believe at the end money will rule and they won't risk their reputation in the world as the whole world is watching.
One other thing VALE, RIO, BHP are working together to a degree as price will be decided with common interest amongst all the big three it is like cartel one will support the others, if you believe that world economy will improve then the need for iron ore in the world should return and the chinese have no alternative but to buy from these three companies, do you really believe that if RIO was doing dirty business then BHP and VALE are saint????? and other big companies?????? well you all believe coruption is a way of doing business in China????
Relax mate as a share holder in RIO I am quite sure this will pass as commonsense from the money hungry china will prevail and they will act caustiuosly, their reputation as a safe place to do business and invest will overide their anger or whatever other reason you all believe.......
Cheers
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