Australia Blocks Chinese Power Purchase
Australian finance minister Scott Morrison, has rejected a bid from two Chinese investors to buy the country's biggest electricity network.
Australia is in global terms China's neighbour and they're firm trading partners. But it seems that partnership has limits.
Australia's finance minister has blocked a bid by the State Grid Corporation to get a 50.4% controlling stake in Ausgrid. The deal was worth a reported $7.5 billion. We talk to Hans Hendrishke, Professor of Chinese Business and Management at the University of Sydney. Meanwhile, we also look into modern day slavery. If you thought slavery was a thing of the past, you may be surprised to know it still affects millions of men, women and children around the world. The 91热爆 investigates the trade. Photo Credit: Jeremy Piper/Bloomberg via Getty Images
Last on
More episodes
Broadcast
- Thu 11 Aug 2016 17:32GMT91热爆 World Service except East and Southern Africa, News Internet & West and Central Africa