Australia targets Indian investment to develop remote north amid China tensions

SYDNEY - Australia's government aims to boost investment from India to develop its remote north, seen as a front door to lucrative Asian markets, amid concerns that tighter regulatory oversight and diplomatic tensions with Beijing will curb Chinese spending.

"It is a more volatile environment and a totally different playing field than what we had five years ago," Mr Canavan told The Australian newspaper, in comments confirmed by government officials contacted by Reuters. Australia's relationship with China has been strained in recent years amid Canberra's allegations that Beijing is meddling in its domestic affairs.

China's foreign ministry denied involvement in any hacking attacks and said the internet was full of theories that were hard to trace.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sinjia Land completes disposal of unit to KH Investment GroupSinjia Land completes disposal of unit to KH Investment Group.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Investment firm CEO made Tan Cheng Bock’s second-in-command at PSPSINGAPORE — The Progress Singapore Party (PSP) announced a reshuffle in its Central Executive Committee (CEC) as it co-opted five new members into the party leadership on Friday (Jan 17). Three of the new members were government scholars.
Source: TODAYonline - 🏆 1. / 99 Read more »