- CNTV English - CCTV News

Studio discussion: What makes it possible for Chinalco and Rio Tinto to join hands again?

07-30-2010 09:06 BJT

Background: The Aluminum Corporation of China, or Chinalco, has formalized a joint venture with Rio Tinto to develop iron ore in Africa. It brings the listed state-run arm "Chalco", into the project as it moves to diversify beyond its core aluminum business. Full story >>

Watch Video

Play Video

We are now joined by our current affairs commentator Gregory Yingnien Tsang.

Q1. Hell Mr. Tsang. It was a year ago, Chinalco and Rio Tinto refused to talk after relations soured. But now they are experiencing what looks like a honeymoon. What made this change possible?

Q2. Whenever China expands its reach to overseas resources market, there'll be jitters and renewed concerns over China's demands for raw materials and energy. Shortly after Chinalco and Rio signed their deal, some analysts voiced concerns on Chinalco putting pressure on Rio Tinto to explore African mining resources. What are your thoughts?

Related stories

Editor:Xiong Qu |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program