6 Quotes by Xiao Yaqing
- Author Xiao Yaqing
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We hope, in the long term, the parent company will not compete with the listed company.
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- Author Xiao Yaqing
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We have a market share of about 50 percent now in China and would like to keep it at between 45 and 50 percent in the next five years.
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The quality of the bauxite is lower than the top grades in Australia, but it's much better than those in China.
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To meet the challenge of stable (raw material) supplies we believe the solution is to invest in countries with abundant bauxite resources, like Australia.
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This also means introducing corporate governance in line with international practice.
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The development of these markets is still in a preliminary phase and operations will not begin before 2007.
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