china bhp and rio

  1. 17,307 Posts.
    The press seems to have finally caught on to Chins'a interest in the possible BHP takeover of RIO.
    The Chinese government, particularly the Chinese military, see this takeover and consolidation as a threat to their bargaining power.

    There is talk of the Chinese govt already intervening by open market purchase of RIO shares.

    However, as I have presented in a previous series of posts, from the perspective of the Chinese military, it makes little sense to bid on the open market and pay top dollar for ownership of assets such as RIO.

    It does however make very good sense for elements of the chinese military, to purchase control of the corrupt union bosses that in turn, own the equally corrput labor party.
    The purchase of ownership and control of one of the potentially governing parties in the upcoming election is an obvious strategy and would seem to be an strategic imperitive for a forward looking chinese militarty.

    Anf of course it comes with a chinese speaking talking dummy as bought and paid front man for free.
 
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