Australian port lease to China firm under spotlight

Australian port lease to China firm under spotlight Sydney (AFP) Nov 20, 2015 - Australia is reviewing rules that allow its states to sell strategic assets to foreign firms without federal scrutiny, Prime Minister Malcolm Turnbull said Friday as he defended a port leasing to a Chinese firm. Turnbull was reportedly chided by United States President Barack Obama at the APEC summit in the Philippines over the 99-year lease for the Port of Darwin granted to China's Landbrid ... more

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