What is China thinking on Rio?

Written By Tshepo Magagane

I would be eyeing Escondida if I were them – Stake at holdco is let us say about 10bn greater than Q&D NAV of 30% of Escondida – so you get that 30% in Escondida! And that 10 you say, give us Oyu…and go Glencore, we will give you a marketing agreement together with a Chinese Trading Company – that would be my initial stance on this if I were them!

Glencore mgmt has proper skin in the game – their shareholders follow them AND they are the exact sort of people who have highly overlapping Venns with the Chinese…

…this hostile, change management, extract as much cash from assets, discard those assets – you have seen Aussies doing to SA companies (enabled by the stupid/lazy/incompetent SA institutions)…

…is about to be done to them – poetic if you think about it!

[This is the difference, they wrote, between “Made in China” and “Created in China.”

While the president of this country is promising to make America great again as he strips it for parts, Chinese business and political leaders have quietly seized the moment.

Any company launching an AI tool with “public opinion properties or social mobilization capabilities” must first show the CAC how the product avoids some 31 categories of risk, from age and gender discrimination to psychological harm to “violating core socialist values.”

29 hours it takes the Chinese company Broad Group to erect a 10-story building.

256 Gigawatts of new solar capacity that China—the world’s worst polluter—installed in the first half of 2025, more than double the rest of the world.

700m Number of surveillance cameras across China—more than the rest of the world combined.]