China's woes risk spilling over into the FTSE 100's heavyweights

Rio Tinto among vulnerable firms

Valeria Martinez
clock • 5 min read

Five FTSE 100 heavyweights could end up embroiled in China’s geopolitical and economic woes due to their high revenue exposure, experts say, but all still have reasons to remain active in the country.

Relations between China and the UK have been under increasing pressure over the last decade, and Beijing's apparent alliance with Russia is providing additional diplomatic challenges.  More concerning for markets is the former country's deteriorating relationship with the US, especially in light of geopolitical tensions in Taiwan and Washington's publicly stated intention to retaliate if China were to annex the island.  During President Xi Jinping's opening speech at the 20th Chinese Communist party congress on 16 October, he warned the US against further support for Taiwan and double...

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