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Chinese spy row escalates as diplomatic crisis brews – “Australia is directly challenging China’s claims of espionage against detained iron ore executive Stern Hu, setting the Rudd government on course for its most serious foreign policy crisis since taking office in November 2007…..” www.theaustralian.news.com.au business/story/0,28124,25763584-643,00.html China offended by failure of Chinalco deal with Rio – “West Australian Premier (chief minister) Colin Barnett says the failure of the Chinalco deal with Rio Tinto has clearly offended China and the federal government should have done more to establish a mature relationship with Beijing….. Mr Barnett did not want to comment on the specifics of the detention of four Rio Tinto employees, including Australian citizen Stern Hu, in China. He expressed grave doubts about how the whole relationship has been handled at a political level, particularly given the abandonment of Rio’s proposed deal to have Chinalco take 18 per cent of the company as well as stakes in some key assets….. The degree of diplomatic and economic attention paid to Japan when it started investing in Australian resources had simply not happened with China and, as a result, relations had started awkwardly, he said…..” www.theaustralian.news.com.au business/story/0,28124,25762784-643,00.html
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