Word: australian
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When the Chinese government announced earlier this week the formal arrest of four Shanghai-based executives of global mining giant Rio Tinto - one Australian citizen and three Chinese nationals - it seemed a deliberate ratcheting down of a case that had stunned foreign investors in the country. After all, Beijing had effectively dropped the case's most ominous element: the charge that Rio's Stern Hu and his three colleagues had allegedly stolen "state secrets," in part by bribing executives of Chinese steel companies, who are Rio's largest buyers of iron ore. Under a state-secrets charge, the four...
...Earlier this summer, many mining-industry analysts were skeptical that China would actually act against the proposed Rio-BHP tie-up. They assumed the Ministry of Commerce was just venting after the Chinalco deal failed. But a banking source with close ties to the Australian mining industry says that perception is wrong. "The antitrust review is real, and right now if I had to bet, I'd bet that [the Rio-BHP Billiton iron-ore tie-up] doesn't happen. The Chinese are going to block...
...track has great significance to Australians as it was the scene of some of the most ferocious fighting of the Second World War between Australian and Japanese forces. Australian troops eventually prevailed, forcing the Japanese to pull back and abandon plans to launch further attacks on allied bases and the Australian mainland. Yesterday tributes poured in from around the nation for those killed in the crash, with Australian Prime Minister Kevin Rudd, who walked the track in 2006, saying in a statement published in Australian newspapers that Kokoda evokes the memory of the thousands of young Australians who gave their...
...Australian Federal Police, soldiers and PNG officials have reached the crash site, which is in the mountains at an elevation of 500 feet, with locals reporting bodies and wreckage strewn across the jungle. Three days after the crash, four bodies had been recovered, and Airlines PNG chairman Simon Wild has said recovering the rest of the bodies might take some time due to the conditions. He has defended the crew's experience and said the exact cause will not be known for some time and the company would assist authorities with any investigation. PNG Prime Minister Michael Somare has also...
...improves. In the course of Harvard life, I don’t often get to send emails that start off with, “How’s the Chinese medicine practice going? Are you still living on the commune?” (To Caite, my titian-dreadlocked Australian neighbor in Zanzibar...