South Korea is not concerned at China's efforts to secure Australian iron ore supplies by making strategic equity investments, South Korean Trade Minister Kim Jong-Hoon told reporters on Monday.
Kim was asked whether Seoul was concerned about Chinese investments in Australian mining firms, given that South Korean steel-makers were also major buyers of Australian iron ore.
Kim spoke after a meeting with Australian Trade Minister Simon Crean about bilateral free-trade talks.
Source: NineMSN
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