China will finance Adani mine, insiders say, but it will cost Australian jobs

The Adani Group is close to securing finance for its controversial coal mine and railway project in outback Queensland, with an announcement expected in coming weeks that Chinese state-owned enterprises, banks, and export credit agencies are backing the venture. Australian taxpayers may be let off the hook under the deal, which could mean Adani no…

No place for anti-China thoughts, Chinese students taught to ‘snitch’

Chinese students taught to ‘snitch’ on politically incorrect lecturers The war being waged by Chinese international students against “politically incorrect” lecturers in Australia hasn’t emerged out of the blue. It has flowed out from China’s increasingly regimented education system. It has come from a cohesive approach pursued over the past five years by the Chinese…

Foreign ownership surcharge could turn buyers away, agents warn

Foreign investment surcharge could turn buyers away from South Australia, agents warn Real estate agents specialising in overseas investors have warned the South Australian Government the way a new levy on foreign investment in residential property is being applied will damage the state’s reputation as a good place to invest. Treasurer Tom Koutsantonis last week…

Chinese police seize 14,000 bottles of counterfeit Penfolds wine

THOUSANDS of bottles purporting to be Penfolds’ top-shelf wine have been seized in an anti-counterfeit operation in China. Chinese police seized 14,000 bottles of counterfeit wine following a complaint by Penfolds’ parent company Treasury Wine Estates about three months ago. The fake premium products were sold through Chinese giant Alibaba’s consumer-to-consumer website Taobao with sales…

130-year-old Brownes Dairy sold to Chinese firm.

One of Western Australia’s most recognised household dairy names — the 130-year-old Brownes Dairy — has been sold to a Chinese firm. Brownes chief executive Tony Girgis announced today the private equity group Archer Capital had sold the company to Shanghai Ground Food Tech, who they described as “experienced dairy operators who understand the industry”….

China’s rise a threat to Australia’s security

‘Overhaul nation’s defence strategy’ to handle China’s rise, experts warn Australia needs a new defence strategy to deter, and if necessary, defend itself against an increasingly powerful, aggressive China, two of the nation’s most experienced strategists have warned. Former senior Defence officials Paul Dibb and Richard ­Brabin-Smith say the nation faces an increased prospect of…

Chinese -owned Alinta energy bids on Vic coal power station Loy Yang B,

The future of another Australian coal-fired power station, Engie’s Loy Yang B, will be decided in the coming week. Street Talk understands Alinta Energy owner Chow Tai Fook Enterprises and Delta Electricity tabled final bids for the brown coal power station in Victoria’s LaTrobe Valley. Brookfield and China Resources were also said to have been in…

Chinese state-owned company in talks with Adani to bankroll mine

For years it has been a mystery where Adani would get the money to build its giant Carmichael coal mine in North Queensland. Now we may have the answer. The ABC has learned that a Chinese state-owned enterprise, China Machinery Engineering Corporation (CMEC), is in negotiations with Adani and its principal engineering and procurement contractor,…

ALP at crossroads on US and China

Labor defence spokesman Richard Marles says Australia faces “security anxieties” with China and has labelled Trump administration policies “repugnant” amid an internal foreign policy dispute. Mr Marles’ speech at the University of Oxford followed the ­release of Labor’s Future Asia policy — led by NSW MPs Chris Bowen and Jason Clare — and a push…

China lifts import ban on Australian beef

CHINA has lifted a three-month ban on beef and lamb processed by a group of Australian abattoirs. In July, suspensions were made on exports from JBS’s Toowoomba and Scone plants, Thomas Food International’s facility at Murray Bridge in South Australia and Northern Co-operative Meat Company’s Casino processor, as well as plants run by Kilcoy Pastoral…