Australia-China and Stern Hu : a dint in relations or business as usual?

Mascitelli, Bruno and Chung, Mona 2011, Australia-China and Stern Hu : a dint in relations or business as usual?, International journal of Asian business and information management, vol. 2, no. 1, January-March, pp. 25-31.

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Title Australia-China and Stern Hu : a dint in relations or business as usual?
Formatted title Australia-China and Stern Hu : a dint in relations or “business as usual”?
Author(s) Mascitelli, Bruno
Chung, Mona
Journal name International journal of Asian business and information management
Volume number 2
Issue number 1
Season January-March
Start page 25
End page 31
Total pages 7
Publisher IGI Global
Place of publication Hershey, Pa.
Publication date 2011-01
ISSN 1947-9638
Keyword(s) Australian-China Trade Relations
Economic Growth
International Business
Rio Tinto
Summary 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?
Language eng
Field of Research 150308 International Business
Socio Economic Objective 910399 International Trade not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
HERDC collection year 2011
Copyright notice ©2011, IGI Global.
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