General
China slams Australian Government for ‘politicising trade’ over decision to block Probuild sale to Chinese company
China’s government has slammed Australia’s decision to block a Chinese company’s $300 million bid for the Australian construction firm Probuild, accusing the Federal Government of further undermining trust between the two countries.
Key points:
- China has accused the Australian Government of discriminating against Chinese companies
- Australia has not confirmed it blocked China State Construction Engineering Corporation’s bid
- Last year, the US government listed the corporation as a Chinese military company
Earlier this week, Probuild announced that state-owned China State Construction Engineering Corporation had withdrawn its offer after being told the Treasurer Josh Frydenberg would block the sale on national security grounds.
China’s Foreign…
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