 Australia-China and Stern Hu: A Dint in Relations or “Business as Usual”?Bruno Mascitelli and
Mona Chung
International Journal of Asian Business and Information Management (IJABIM), 2011, vol. 2, issue 1, 25-31 Abstract: China’s economic growth over the last decade has been spectacular and Australia has been a beneficiary of this growth in terms of China’s demand for resources and the strength of Chinese exports. Pundits even suggest that Australia avoided the global recession as a result of this strong trade relationship. Trade relations between Australia and China resulted in China becoming Australia’s key trading partner. The arrest and charging in 2009/10 of four Rio Tinto executives (including Stern Hu the head of Rio’s operation in China) based in China raised fears of posing a strain on this vital economic relationship. Moreover China’s inability to takeover Rio Tinto and the significance and consequences of this incident are at the core of this paper. How do these events reflect the uncertainties of doing business in China or do these events demonstrate China’s sovereign right to enforce anti-corruption legislation? While China has embraced the international business community, to what extent has the arrest and imprisonment of Stern Hu changed the Australian-China trade relations including doing business in this thriving and buoyant market? Date: 2011 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:igg:jabim0:v:2:y:2011:i:1:p:25-31 Access Statistics for this article International Journal of Asian Business and Information Management (IJABIM) is currently edited by Patricia Ordóñez de Pablos More articles in International Journal of Asian Business and Information Management (IJABIM) from IGI Global |
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