Higher failure rate for China’s overseas mining deals
by Chris Zappone
This piece from Quartz gets at the disconnect between China’s international aspirations and the way it navigates, or fails to navigate, other countries and regions. Part of this high deal fall-through rate could be driven by how far China has come and how quickly. It just may not have the diplomatic numbers on the ground to successfully pull of the volume of deals it requires. That could all change. But you have to ask yourself how, if resource diplomacy is so important to China and East Asia in general, is China failing this test right now.