Alcoa chief a China bull, Alumina takes off

Hard landing for China? Not according to Alcoa's Klaus Kleinfeld.

Alcoa may be first cab off the rank in the US corporate earnings reporting season but, given the problems with aluminium and alumina in recent years, it no longer is the industrial bellwether it once was.

Results aside, and they were hardly inspiring, the company now is best seen as a gauge on China’s economic growth prospects.

And in that department Alcoa chairman Klaus Kleinfeld provided some optimism for Australian investors.

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