Australia warns on foreign investment
Australia’s foreign investment regulator said Canberra had a clear preference for foreign investments in its large companies to be kept below 15 per cent in comments that will be greeted warily by Chinese investors wanting to expand in the country’s resources sector.
China is obviously trying to buy as much as it can while prices are so low. China and Australia are so dependent on each other so there is this interesting friction between economical hostility (Australians don’t want to wake up owned by Chinese) and friendship (on the other hand they want to sell as much as they can).
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