International Herald Tribune : A failed deal tests China’s patience

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A failed deal tests China’s patience

A failed deal tests China’s patience

Source : International Herald Tribune n°40926 Paru le 22 oct. 2012

Résumé :

Lured by cheap iron oreand lowwages, the Xiyang Group, one of the biggest mining conglomerates in China, took a significant risk by building a mine in economically backward North Korea— designing it to feed Chinese steel mills and to provide much-needed invest-ment to China’s impoverished ally. Now ...