Foreign investment changes 'all about China' | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

While the federal government didn't mention China directly, the new changes to foreign investment laws are designed to curb Beijing's growing influence, according to The Australian's Paul Kelly.

While the federal government didn't mention China directly, the new changes to foreign investment laws are designed to curb Beijing's growing influence, according to The Australian's Paul Kelly. On Friday Treasurer Josh Frydenberg announced a major shakeup of Australia’s foreign investment laws including “last resort” powers which will allow him to break up foreign investments in exceptional cases.

Mr Kelly told Sky News the reforms are "all about China". "What we have seen is the transformation about the nature of foreign investment," he said. "There was once a time when foreign investment was about economic returns, but as the prime minister and the treasurer made clear this week, foreign investment now has a strategic purpose.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Skynews reports on China more than our own affairs....

kindly check this video 'HELP ME CHANGE CHINA | With wallets rather than bullets | SONAM WANGCHUK'

kindly check this video 'HELP ME CHANGE CHINA | With wallets rather than bullets | SONAM WANGCHUK, Ladakh'

If you do care about human rights, parts of Africa and North Korea would be good for fight. But democracy governments always need to imagine fake enemies to show electorate how tough they are. Even we will lost the biggest market and job positions, the show will not stop.

Not before time!!

Western countries have to be united to boycottChina as soon as possible. China wants to not only be a regional power but also overthrow the western values which are democracy and freedom. The West has to stop China now.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines