Rio Tinto CEO Jakob Stausholm has doubled down on China’s role as a growth engine for the global mining giant, revealing that over 50% of the company’s revenue flows from the Chinese market. Speaking at the China Development Forum 2025 in Beijing, Stausholm described China’s economic momentum as a "win-win" scenario for global business 💰🔄.
Why China Matters 💡
"Consumer demand here is driving growth in ways we haven’t seen since the pandemic," Stausholm told CGTN, highlighting the resilience of China’s economy. He also pointed to stabilization in the property sector—a key indicator for mining demands—noting it’s "in better shape than last year" 🏗️📈.
A Global Ripple Effect 🌊
As one of the world’s largest producers of iron ore (essential for steel), Rio Tinto’s fortunes are tightly linked to China’s infrastructure and tech-savvy demand. Stausholm’s remarks reflect growing optimism among multinationals eyeing Asia’s recovery and innovation boom 🚀📱.
