When Rio's Stern Hu was first arrested, a chorus of protests came through the media many immediately and openly accusing China of using trumped up charges in retaliation for the Chinalco fiasco. More responsible reporters were cautious but still alluding to the accusation.
Hu was widely painted as impeccable when in reality few knew what the charges were.
Eggs rained on many of them when Hu admitted to bribery charges during the trial.
It does not take an expert to understand that if one wants to bypass the rules in China, then one should not rock the boat as well. Rio, and their executives, thought they could do both.
Thursday, March 25, 2010
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