You are here

China warns Australia on protectionist move after blocked grid deal

Beijing

AUSTRALIA'S decision to block the A$10 billion (S$10.3 billion) sale of the country's biggest energy grid to Chinese bidders was a protectionist move that would negatively affect investment in the country, China's Ministry of Commerce said on Wednesday.

Australian Treasurer...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes