China holds a sway in Australia’s economy, because in the mining and energy industry:

Question

BlackTom AI · Accepted Answer

Question to analyze: 'China holds a sway in Australia’s economy, because in the mining and energy industry:'

Option 1: 'Chinalco has successfully become the largest shareholder of Rio Tinto, holding over 11.2% of the conglomerate.' This statement conflicts with historical ownership facts. Chinalco did acquire a stake in Rio Tinto in the past, but it was never reported as the largest shareholder, and 11.2% exceeds commonly cited holdings. The claim overstates Chinalco’s share and misidentifies the nature of the control, so this option is inaccurate.

Option 2: 'China has power to make significant impact on decisions made in two mining companies that ranked at top three important corporations in Australia.' This option speaks to China’s influence on major Australian mining players, suggesting that China can affect strategic decisions through its stakes or partnerships with two leading firms. Given Australia’s mining sector is dominated by a couple of global players and China’s demand and investment often shape corporate strategy, this option reflects a plausible dynamic. It does not rely on a precise numerical claim about ownership, but rather on the broader influence that large investors and trading partners can exert, making it a reasonable assertion in the context of the question.

Option 3: 'Shenhua Energy from China ranks in the second place of valuable companies.' This seems factually inaccurate for Shenhua Energy to be described as the second most valuable company without clear, current valuation backing. Such a superlative claim would require up-to-date market capitalization data, and as presented, it is not a reliable or widely supported statement, so it is likely false.

Option 4: 'Rio-Chinalco has become the 3rd most valuable public company.' This combines the Rio Tinto and Chinalco relationship into a bold claim about current ranking, which is not supported by standard market capitalization records. It misstates the consortium’s standing and overstates its valuation, making this option incorrect.

In summary, Option 2 is the only choice that aligns with a reasonable interpretation of China’s influence on Australia’s mining sector through top-tier companies, while Options 1, 3, and 4 rely on specific factual assertions that do not hold up under typical industry data or are inconsistent with well-known ownership structures.

MERGE_2025_0025 Quiz: How China Helped Build Australia's Economy

China holds a sway in Australia’s economy, because in the mining and energy industry:

查看解析

登录即可查看完整答案

类似问题

In a consumer society, many adults channel creativity into buying things

Economic stress and unpredictable times have resulted in a booming industry for self-help products

People born without creativity never can develop it

A product has a selling price of $20, a contribution margin ratio of 40% and fixed cost of $120,000. To make a profit of $30,000. The number of units that must be sold is: Type the number without $ and a comma. Eg: 20000

Which of the following statement regarding cost is correct:

Under the assumptions used in cost-volume-profit analysis, as the activity increases:

The CVP and break-even analysis are supported by a range of important assumptions. Which of the following is not an assumption of the CVP:

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单