http://www.miningmx.com/mining_fin/841328.htm
Warns slowdown in China resources is on the cards for the some time yet.
However it says:
"The gloomy short-term outlook for China knocked nearly eight percent off the BHP Billiton share price on the JSE. It was last trading at R161.83, off a morning low of R158. There was also a rumour scotched by analysts that it could up its offer for Rio Tinto.
This almost precisely echoes the view of Rio Tinto, the subject of a hostile takeover bid by BHP Billiton."
That being the case why has London not followed?
What will happen tomorrow?
bhp rumour increase bid , page-29
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