SWF Radar

ChinaStakes.com writes that, “A rumor has erupted in the Australian media that China is planning to buy up a 9% or greater stake in miner BHP Billiton, Ltd., Australia's and the world’s largest diversified resources company. The possible bid is being interpreted as an attempt to interfere in BHP's proposed acquisition of rival Australian mega-miner Rio Tinto, the world's second largest iron ore producer.”