China line up against Rio, BHP via FMG, page-7

Now you are beginning to understand the Chinese learned their lessons of the past and through their totalitarian govt structure, they are "revealing" their long term plan and strategy and patiently executing that plan filtering the current noises. We in the west and Oz is a typical example of myopic view of today and forget what the future lies. Abbot is only concerned about io revenues today and twiggy helping him see it that way. When he(abbot) realise twiggy is helping to sow the seed of a much lower iop future pricing, it will be too late for nation. The Chinese are no Salvation Army, they are only interested in maintaining supply pressures to keep a sustainable low iop going forward hence all these "help" to fmg and vale. Remember their capital injection into rio post gfc? That plan got blocked from a takeover.

This Chinese "charity" is obviously helpful to fmg and holders but detrimental to oz iop revenues in the long term. The next time you get suckered into the current patriotic rubbish about io belongs to Aussies and money flowing to London, start thinking long term for the industry locally and not to be controlled by the consumer of the product.