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World CEOs optimistic about China's economic outlook

chinadaily.com.cn | Updated: 2020-03-04 06:40
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Jean-Sebastien Jacques, CEO of Rio Tinto. [Photo provided to chinadaily.com.cn]

Jean-Sebastien Jacques, CEO of Rio Tinto

It is concerning to see events unfolding in China in relation to the coronavirus outbreak. Our thoughts are with the people and families impacted.

Many of our Chinese partners are playing a vital role on the frontline of this outbreak. As a company with long-standing partnership with China, we are committed to helping those who need help right now. We have donated $1 million to the Chinese Red Cross Foundation, to support hospital upgrades and the purchase of medical supplies. We are also working with Chinese partners to identify other practical ways that we may be able to help. I have no doubt that under the leadership of the Chinese government, China as a determined, resilient nation, will soon win this battle.

China is absolutely essential for Rio Tinto. China is our largest market. But more importantly if you look at the next 20 years, China will account for 90 percent-plus of our growth options. So, whatever metrics you look at, China will be absolutely essential as a partner, as a customer for Rio Tinto in the short, medium and long term.

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