China accuses Australia of breaching free-trade pact by blocking $14b of business deals

📆 12/16/2020 5:03 AM
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'In fact, it is the Australian side that has been politicising economic, investment and technological issues, and discriminating against Chinese companies. It has gone so far down the wrong path,' a spokesman for China's Foreign Ministry said.

China's Foreign Ministry has accused Australia of breaching its free-trade agreement with China by blocking up to $14 billion worth of investment.

The Lion Dairy & Drinks plant in Morwell. Australia blocked a sale of the business to Chinese interests. The Foreign Investment Review Board [FIRB] did not recommend blocking either deal, leaving the Australian government vulnerable to China's claims of political interference.

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