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Foreign business would not be affected by the Rio Tinto's employees' arrest

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Foreign business would not be affected by the Rio Tinto's employees' arrest.Foreign Ministry spokesman Qin Gang reiterated that this was an independent judicial case that had seriously hurt China's economic security and interests.Four Shanghai-based employees of the Anglo-Australian miner, including an Australian executive born in China, were detained on July 5, accused of bribing steel officials to obtain secret data during tense iron ore price negotiations this year.

"But this doesn't mean we want to restrict foreign companies' business in China or restrain the cooperation between Chinese and foreign companies," he said.

China has been the top destination among developing countries for global foreign direct investment for 17 years in a row.

Qin said China protected the legal rights of foreign investors in accordance with the law, while foreign firms should also respect the nation's laws.

Rio Tinto's employees' arrest has shaken the confidence of foreign investors in China, but it is unlikely to dent their desire to continue doing business with and in the country.


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