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China accuses Australia of breaching free-trade pact by blocking $14b of business deals – Sydney Morning Herald
The Chinese Foreign Ministry said Treasurer Josh Frydenberg’s decision to block two deals was a “violation of market economy principles and international trade…
It is the first time China’s Foreign Ministry has specifically mentioned the deals.
“The China-Australia FTA makes it clear that the FTA should provide convenience for investors in both countries and continues to screen investments at lower threshold,” Wang said.
The Lion Dairy & Drinks plant in Morwell. Australia blocked a sale of the business to Chinese interests.
“So, what’s done by the Australian side went against the FTA. Because of these discriminatory actions, Chinese companies’ investments…
