Ugly Dynamics: Business Mixed with Politics
Holman W. Jenkins, The Wall Street Journal | July 16, 2009
Last week Rio Tinto, the Australian mining giant, saw four of its executives arrested in Shanghai on spying charges. ++ The arrests took place directly after a deal between Rio and a Chinese state-owned company was cancelled. ++ Dirty politics may be natural for the Chinese, but Beijing should rethink its clumsy attempts to control business through political pressure. ++ These policies will not improve Beijing's business prospects but will ensure that no companies want to deal with China, for fear of being charged with a capital crime.
