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Rio Tinto shares slide on China spy claims
August 10th, 2009
Daily Telegraph: The fall - down 1.4pc to £23.88 - was not as sharp as in Sydney where the shares fell as much as 3.3pc at one stage. An article published on a website controlled by the Chinese State Secrets Bureau also claimed that large amounts of “intelligence and data” had been found on Rio’s computers following the arrest of four Rio executives on spying charges last month.
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Unspoken rules of doing business in China
August 4th, 2009
New York, NY, United States, — As China has become the world’s most attractive nation for foreign direct investment, multinational companies that do business there have encountered a number of unspoken rules they must follow. One of these is the bribery of Chinese officials.
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