the
Brooklyn to the media, said: "This is a functioning market, a very large market demand for our resources, because Asia is growing.
The
In addition, Franklin seek to improve the mode of supervision of overseas resources investment reports about China after the failure of the 2009 Rio Tinto and Chinalco $ 19.5 billion partnership transactions welcomed.
he said: "If the reports are true, then this is indeed a welcome news from the one hand that China is ready to accept the recommendations made by Australia for the China investment strategy ... that is, basically do not seek Holdings powered in part by its enhanced resource security needs. For issues related to state-owned enterprises to adopt these methods, they (China) have a good understanding.
The
He pointed out that one of the ways to solve this problem is to increase the supply of iron ore, which may be achieved by increasing foreign investment World Pipe network informed.
the 6th, theAustralian Trade Minister Crean (Simon Crean,), said iron ore prices determined by supply and demand, China should not seek to control the price through the boycott of imported way.
The
In addition, Franklin is also allowed to sell uranium to India this growing voices to respondWorld Steel Pipe . He reiterated that India has not signed the NPT, Australia is opposed to such export.
He said: "The foreign investment in the supply side of a mechanism to increase the supply and demand equation. (China) can not be through a central control laws to influence the market, which is doomed to fail.