If anyone is interested in developing wealth from the sea with minerals; invest in the company. Their performance is already known.
In the late 1970s (click here) legendary businessman and statesman Mr Rong Yiren established the China International Trust and Investment Corporation on instructions of the State Council of the People's Republic of China. It had a registered capital of RMB600 million. In the 1980s and 1990s CITIC was a key window on China for both foreign and domestic investment, and a pioneer in Chinese overseas investment. It was the Chinese partner of choice for many foreign companies, and a leader in finance industry issuing China’s first foreign currency bond, in Yen in 1982, listing CITIC Pacific in 1991 and issuing the first Chinese Yankee bond in 1993....
This e-page is where their activities and investments are stated.
Our resources business covers (click here) exploration, mining, processing, trading and electricity generation. We have been actively engaged in overseas acquisitions and exploration of mineral and oil resources, with various interests in development projects in countries and regions which have rich resource reserves, including Australia, Brazil, Gabon, Indonesia and Kazakhstan. We operate our resources and energy business through CITIC Resources, CITIC Mining International, CITIC Metal, CITIC United Asia, and Sunburst Energy....
It seems to me the Chinese beat most others to development of their resources. Just sayin'.
