Rio Tinto Limited
(ASX:RIO) chief Tom Albanese has spoken about a decline in China’s investor sentiment while attending a World Economic Forum meeting in China.
Mr Albanese told Fairfax Media that recent events in China have caused less investor sentiment than normal.
While Mr Albanese conceded the Chinese government-driven investment boom was positive for Rio he says it created structural imbalances and inflation resulting the drying up in financing and of property business.
Rio posted a net profit of $6 billion in the first half of its 2012 financial year.
